Tulsi Extrusions Annual Report | Balance Sheet

Tulsi Extrusions Limited (Tulsi Extrusions) Return Comparision with Primex 40 Index

Periods	1 Week	1 Month	3 Months	6 Months	1 Year	3 Years	All Time
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Tulsi Extrusions Limited

Tulsi Extrusions Limited Balance Sheet (In Rs):

Particulars	2017	2016
EQUITY AND LIABILITIES
SHAREHOLDERS FUNDS
Share Capital	274946100	274946100
Reserves and Surplus	-790205018	-696383897
Total of Shareholders Fund	-515258918	-421437797
NON CURRENT LIABILITIES
Long Term Borrowings	1241882534	1277551326
Deferred Tax Liability (Net)	70718151	64697100
Long Term Provisions	15671453	12450436
Total of Non-Current Liabilities	1328272138	1354698862
CURRENT LIABILITES AND PROVISIONS
Short Term Borrowings	896529171	880772931
Trade Payables	190641716	178198908
Other Current Liabilities	6228347	6789564
Short Term Provisions	32144234	23572165
Total of Current Liabilities	1125543469	1089333569
Total of Equity and Liabilities	1938556689	2022594634
ASSETS
NON CURRENT ASSETS
Fixed Assets
- Tangible Assets	627052604	704997433
- Intangible Assets	850000	850000
- Capital Work in Progress (including advances)	293530879	295630882
Non-Current Investments	41936809	41125543
Long Term loans and advances	37827930	37755722
Other Non-Current Assets	0	0
Total of Non-Current Assets	1001198222	1080359580
CURRENT ASSETS
Inventories	218608318	228784082
Trade Receivables	665701083	640421590
Cash and Cash Equivalents	9965490	22091700
Other Current Assets	43083575	50937682
Total of Current Assets	937358466	942235054
Total of Assets	1938556689	2022594634

Tulsi Extrusions Limited Profit & Loss Statement (In Rs):

Particulars	2017	2016
INCOME
Revenue from Operations	633111879	573286784
Other Income	-8636749	4136533
Total Revenue	624475130	577423317
EXPENDITURE
Cost of Material Consumed	377292670	398851804
Purchase of stock in trade	84056974	71577467
Changes in Inventories of Finished Goods,	13471838	-7527573
Stock in Process and Stock in Trade Bad Debts	2751098	2158249
Stock in Process and Stock in Trade Bad Debts	2751098	2158249
Employee Benefit Expenses	55463067	53714244
Financial Costs	13872168	7347948
Depreciation	62700730	68516245
Manufacturing Exp	54362272	62785569
Administrative & selling Exp.	48304382	46155303
Total Expenses	712275200	703579256
Profit & Loss from ordinary activities before Tax	-87800070	-126155939
Tax Expenses
Current Tax (As per Minimum Alternate Tax) Income Tax (Old)
Deferred Tax	6021051	1858102
Deferred Tax	6021051	1858102
Net Profit from Ordinary Activities, After tax	-93821121	-128014041
Extraordinary Items
Net Profit for the year	-93821121	-128014041
Balance of Profit brought forward	-1.748E+09	-1620043119
Amount available for appropriation	-1.84E+09	-1.748E+09
Basic and Diluted EPS(Before extraordinary items)	-3.41	-4.66
Basic and Diluted EPS(After extraordinary items)	-3.41	-4.66
Cash EPS	-1.13	-2.16

Tulsi Extrusions Limited Consolidated Cash Flow Statement (In Rs):

Particulars	2017	2016
(A) Cash Flow from Operating Activities :
Net Profit before tax and extraordinary items Adjustments for :	-87800070	-126155939
Bad debts	2751098	2158249
Depreciation	62700730	68516245
Interest Income	-1279363	981538
Prior Period Expense	880168	3788777
Deferred Tax	6021051	1858102
Income from gratuity fund investments	-2859841
Profit on sale of fixed asset	9592070	2009800
Other Income	-80806
Inspection Charges	-75305
Interest Expense	13872168	7347948
Operating Profit before Working Capital Changes	3721901	-39495281
Capital Change Adjustments for :
Trade and Other Receivables	-17425386	8360208
Inventories	10175764	45451330
Trade Payables and Other Liabilities	20233006	54053294
Cash generated from Operations	16705284	68369552
Add/(Less):
Prior Period Expense	822080	-3788777
Taxes Paid	4024594	-19416
Net Cash generated from Operating Activities	21551958	64561359
(B) Cash Flow from Investing Activities :
Purchase of Fixed Assets (Net)	-17382521	-51503694
Interest Received	1279363	-981538
Proceed from investment (Net)	-883474	7679821
Net Cash used in Investing Activities	-16986632	-44805411
(C) Cash flow from Financing Activities :
Interest Paid	0	-7347948
Proceeds from Long Term Borrowings (Net)	-32447775	-18076374
Proceeds from Short Term Borrowings (Net)	15756240	-4646029
Liability for Deferred Tax	0	1858102
Foreign Exchange fluctuation on Internal Transaction on consolidation	0	0
Dividend Paid(including arrear/old dividend and tax)	0	0
Preliminary Expenses	0	0
Net Cash generated from Financing Activities	-16691535	-28212248
Net increase in Cash and Cash Equivalents (A+B+C)	-12126209	-8456300
Opening balance of Cash and Cash Equivalents	22091700	30548000
Closing balance of Cash and Cash Equivalents	9965490	22091700

Here is a summary of the Cash Flow Statement for the years 2017 and 2016:

1. Operating Activities (A): In 2017, the company witnessed a significant shift in its operating activities compared to 2016. The net profit before tax and extraordinary items decreased notably, reflecting challenges or changes in the company 's revenue or cost structures. Various adjustments were made to reconcile this figure, including provisions for bad debts, depreciation, interest income, prior period expenses, deferred tax, and income from investments. Notably, there were substantial increases in profit from the sale of fixed assets and interest expenses. Despite these fluctuations, the company managed to improve its operating profit before working capital changes, marking a positive shift from the previous year.

2. Capital Change Adjustments: The adjustments made in capital changes indicate shifts in the company 's asset and liability management. Trade receivables decreased significantly, possibly due to improved collection efforts or changes in customer payment terms. Inventories also decreased slightly, suggesting more efficient inventory management. On the other hand, trade payables and other liabilities increased substantially, indicating the company 's ability to negotiate extended payment terms with suppliers or manage its liabilities more effectively. These adjustments contributed to the cash generation from operations.

3. Cash Flow from Investing Activities (B): The cash flow from investing activities demonstrated a notable change in 2017 compared to the previous year. There was a decrease in cash used in investing activities, primarily driven by lower purchases of fixed assets. This reduction could stem from a variety of factors such as completed capital projects, delayed investments, or a strategic shift in asset allocation. Additionally, there was a positive net from investments, although interest received decreased slightly, which could reflect changes in investment portfolio performance or interest rate environments.

4. Cash Flow from Financing Activities (C): Financing activities in 2017 showed a significant increase in net cash generated compared to the previous year. This increase was primarily fueled by proceeds from short-term borrowings and a decrease in long-term borrowings. The stable interest paid at zero suggests a consistent financing structure without additional interest burdens. These activities indicate the company 's strategic management of its capital structure, possibly leveraging short-term financing for operational needs while reducing long-term debt to improve overall financial health.

5. Overall Cash Flow: Despite a net increase in cash and cash equivalents in 2017, the growth rate was lower compared to the previous year. The closing balance of cash and cash equivalents decreased, indicating significant outflows, particularly in investing activities. This suggests that while the company managed to generate positive cash flows from operating and financing activities, there were substantial investments or expenditures made during the period, impacting the overall cash position. It underscores the importance of analyzing cash flow dynamics comprehensively to understand the company 's financial performance and resource allocation strategies.

Financial Ratios (NA)

Dividend History (NA)

Tulsi Extrusions Limited Annual Report 2017

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Tulsi Extrusions Annual Reports, Balance Sheet and Financials

Tulsi Extrusions Limited (Tulsi Extrusions) Return Comparision with Primex 40 Index

Tulsi Extrusions Limited Balance Sheet (In Rs):

Tulsi Extrusions Limited Profit & Loss Statement (In Rs):

Tulsi Extrusions Limited Consolidated Cash Flow Statement (In Rs):

Financial Ratios (NA)

Dividend History (NA)

Tulsi Extrusions Limited Annual Report 2017

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