Tarangini Investment Ltd Annual Report, Financials, Balance Sheet

Tarangini Investment Limited Balance Sheet (Rs In Hundred)

 Tarangini Investment Limited Profit & Loss Statement (Rs In Hundred)

 Tarangini Investment Limited Consolidated Cash Flow Statement (Rs In Hundred)

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

2023:

1. Cash Flow from Operating Activities:

The company experienced a net cash outflow of -132,051.17 Rs from its operating activities in 2023, indicating a significant use of cash in its core operations.

The net profit before extraordinary items and tax was -1,182.88 Rs, reflecting a loss before accounting for extraordinary items and taxes.

Adjustments for depreciation amounted to 426.44 Rs.

Operating profit before changes in working capital was -756.44 Rs.

There was a substantial decrease in current assets (-127,462.52 Rs) and an increase in current liabilities (-3,832.20 Rs), resulting in a negative impact on cash generated from operations.

No net income tax was paid during the year.

The net cash flow from operating activities was -132,051.17 Rs.

2. Net Increase/(Decrease) in Cash and Cash Equivalents:

The overall net decrease in cash and cash equivalents for the year was -132,051.17 Rs.

The year began with 159,208.94 Rs in cash and cash equivalents and ended with 27,157.77 Rs, indicating a significant decrease in cash reserves.

3. Cash and cash equivalents at the end of the year:

The company 's cash and cash equivalents at the end of the year comprised various components, including cash in hand (4,746.99 Rs), balance with scheduled banks in current accounts (1,019.79 Rs), and fixed deposits (21,390.99 Rs), totaling 27,157.77 Rs.

2022:

1. Cash Flow from Operating Activities:

The company experienced a net cash inflow of 1,24,468.69 Rs from its operating activities in 2022, indicating a significant positive cash flow from its core operations.

The net profit before extraordinary items and tax was 764.78 Rs, demonstrating a profit before considering extraordinary items and taxes.

Adjustments for depreciation amounted to 1,759.14 Rs.

Operating profit before changes in working capital was 2,523.92 Rs.

There was a significant increase in current assets (1,20,315.74 Rs) and an increase in current liabilities (2,899.03 Rs), resulting in a positive impact on cash generated from operations.

A net income tax of 1,270.00 Rs was paid during the year.

The net cash flow from operating activities was 1,24,468.69 Rs.

2. Net Increase/(Decrease) in Cash and Cash Equivalents:

The overall net increase in cash and cash equivalents for the year was 1,24,468.69 Rs.

The year began with 34,740.26 Rs in cash and cash equivalents and ended with 1,59,208.95 Rs, indicating a significant increase in cash reserves.

3. Cash and cash equivalents at the end of the year:

The company 's cash and cash equivalents at the end of the year in 2022 included various components, such as cash in hand (10,468.37 Rs), balance with scheduled banks in current accounts (21,040.56 Rs), and a significant amount in the form of cheques in hand (1,00,000.00 Rs).

Bellow are the Financial Ratios

Here is a summary of the financial and operational metrics for Tarangini Investment Limited for the years 2023 and 2022:

2023:

1.Current Ratio:

The current ratio in 2023 was exceptionally high at 75.77, indicating that the company had a substantial amount of current assets relative to current liabilities, which suggests very strong short-term liquidity.

2. Debt-Equity Ratio:

In 2023, the Debt-Equity Ratio was 0.013, implying that the company had very low debt relative to equity, signifying a low level of financial leverage.

3. Return on Equity (ROE):

The ROE in 2023 was 0.2, reflecting a 20% return on equity, indicating a decent profitability compared to shareholders ' investments.

4. Net Capital Turnover Ratio:

The Net Capital Turnover Ratio was 8.2, indicating that the company efficiently utilized its net capital to generate revenue.

5. Net Profit Ratio:

The Net Profit Ratio was 2.42, indicating that the company earned a 2.42% profit on its total revenue, which is a positive sign of profitability.

6. Return on Capital Employed (ROCE):

The ROCE in 2023 was 0.2, suggesting a 20% return on capital employed, which is a measure of how efficiently the company utilized its capital to generate profits.

7. Return on Investment (ROI):

The ROI in 2023 was 0.2, indicating a 20% return on investment, which assesses the company 's profitability in relation to its total investment.

2022:

1.Current Ratio:

In 2022, the current ratio was exceptionally high at 920.05, signifying very strong short-term liquidity

2. Debt-Equity Ratio:

In 2022, the Debt-Equity Ratio was 0.001, indicating very low debt relative to equity.

3. Return on Equity (ROE):

The ROE in 2022 was -0.41, indicating a negative return on equity, which may suggest a loss relative to shareholders ' investments.

4. Net Capital Turnover Ratio:

The Net Capital Turnover Ratio was 5.32, showing efficient utilization of net capital for generating revenue.

5. Net Profit Ratio:

The Net Profit Ratio was -7.77, suggesting a negative profit margin, which indicates a loss in 2022.

6. Return on Capital Employed (ROCE):

The ROCE in 2022 was -0.413, indicating a negative return on capital employed, suggesting a loss in relation to capital employed.

7. Return on Investment (ROI):

The ROI in 2022 was -0.413, implying a negative return on investment, indicating a loss concerning the total investment.