Udaipur Cotton Mills Annual Reports, Balance Sheet and Financials

Udaipur Cotton Mills Company Limited Balance Sheet (In Rs.)

Udaipur Cotton Mills Company Limited Profit & Loss Statement (In Rs.)

Udaipur Cotton Mills Company Limited Consolidated Cash Flow Statement (In Rs.)

Here is a summary of the Cash Flow Statement for the years 2018 and 2017:

Cash Flow from Operating Activities:

The net profit before tax and extraordinary items was ₹22,67,86,722 in 2017 and ₹10,70,62,049 in 2016.

Adjustments were made for various items, including provisions for standard assets and diminution in investments, depreciation and amortization, and dividend received. Additionally, there were adjustments for the profit/loss on share investments and pre-operative expenses written off.

After adjustments, the operating profit before working capital changes was -₹1,78,57,610 in 2017 and ₹7,93,53,126 in 2016.

Further adjustments were made for changes in fixed assets, inventories, trade receivables, loans and advances, and other current liabilities, among others.

The cash generated from operating activities amounted to -₹7,79,83,137 in 2017 and ₹9,20,87,231 in 2016. Advance income tax/TDS paid or refunded was also considered, resulting in a net cash flow from operating activities of -₹12,62,29,353 in 2017 and ₹7,96,74,624 in 2016.

Cash Flow from Investing Activities:

There was an increase/decrease in investments, with ₹16,20,05,636 in 2017 and -₹12,47,47,054 in 2016. Additionally, dividends received were accounted for, resulting in a net cash flow from investing activities of ₹18,31,77,680 in 2017 and -₹10,01,47,904 in 2016.

Net Increase in Cash and Cash Equivalents:

The net increase in cash and cash equivalents during the year was ₹5,69,48,327 in 2017 and -₹2,04,73,280 in 2016.

Opening and Closing Balances of Cash and Cash Equivalents:

The opening balance of cash and cash equivalents was ₹4,36,33,793 in 2016, increasing to ₹10,05,82,120 by the end of 2017. This indicates a significant improvement in the company 's cash position over the fiscal year.

Financial Ratios of Udaipur Cotton Mills Company Limited

Here is a summary of the financial and operational metrics for Udaipur Cotton Mills Company Limited for the year 2018:

Current Ratio: The current ratio of 14.28 indicates that the company has a very high level of current assets compared to its current liabilities. A current ratio of this magnitude suggests a strong ability to cover short-term obligations with current assets. However, such an exceptionally high ratio could also indicate a potential data error or anomaly that requires further investigation.

Net Worth: The net worth of 28.39% indicates the proportion of total assets that represent the company 's ownership interest after deducting liabilities. A net worth of 28.39% suggests that the company has a significant amount of equity relative to its total assets, which can be considered a favorable financial position.

Return on Equity (ROE): The return on equity of 22.11% indicates the profitability of the company relative to shareholders ' equity. An ROE of 22.11% suggests that the company generates a strong return on the equity invested by shareholders. This indicates efficient utilization of equity capital to generate profits.

Total Assets Ratio: The total assets ratio of 26.74% is not a commonly used financial ratio, and without further context or details, it 's challenging to provide a specific insight into its meaning or implications. It 's possible that this ratio represents the company 's total assets as a percentage of some other reference point, but additional information would be needed to interpret it accurately.