Udaipur Cotton Mills Company Limited (Udaipur Cotton) Return Comparision with Primex 40 Index

Periods	1 Week	1 Month	3 Months	6 Months	1 Year	3 Years	All Time
Primex-40
Udaipur Cotton Mills Company Limited

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

Particulars	31-03-2018	31-03-2017
EQUITY AND LIABILITES
Share Capital	2,92,91,700	2,92,91,700
Reserve and Surplus	1,09,89,82,559	87,57,71,889
Non-Current Liabilities
Long term Provisions	2,26,250	1,33,500
Current Liabilities
Other Current Liabilities	37,72,730	3,07,340
Short term Provisions	10,38,343	13,56,902
TOTAL EQUITY AND LIABILITES	1,13,33,11,582	90,68,61,331
ASSETS
Non-Current Assets
Tangible Assets	53,08,278	19,80,163
Non-Current Investment	83,99,53,403	77,76,21,251
Long term Loan and Advances	9,10,00,000	3,25,00,000
Deferred Tax Assets (Net)	45,113	-
Other Non-Current Assets	9,45,07,685	5,10,63,865
Current Assets
Inventories	15,411	1,764
Trade Receivable	-	60,495
Cash and Bank Balances	10,05,82,120	4,36,33,793
Other Current Assets	18,99,572	-
TOTAL ASSETS	1,13,33,11,582	90,68,61,331

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

Particulars	31-03-2018	31-03-2017
Revenue from Operation	29,34,42,857	9,84,81,659
Other Income	6,67,861	2,13,361
Total Revenue	29,41,10,718	9,86,95,020
Purchase	56,143	10,001
Changes in inventories of finished goods, WIP and Stock in trade	-13,647	21,780
Employee Benefits Expenses	77,31,459	24,89,780
Depreciation and Amortization Expenses	7,72,750	9,475
Other Expenses	5,33,02,396	81,97,519
Total Expenses	6,18,49,101	1,07,28,555
Profit before Tax and Provisions	23,22,61,617	8,79,66,465
Provisions for standard assets	92,750	-
provision for diminution in investments	53,82,145	-
Profit before Tax	22,67,86,722	8,79,66,465
Current tax	4,66,33,300	1,38,85,580
Deferred tax	-45,113	-
MAT credit entitlement	-4,35,00,000	-1,12,04,300
Tax adjustments for earlier years	4,87,865	38,680
Profit for the year	22,32,10,670	8,52,46,505
Share in net profit of associate	-	1,90,95,584
Profit / (Loss) for the period	22,32,10,670	10,43,42,089
Earnings per Equity Share:
Basic	76.20	35.62
Diluted	76.20	35.62

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

Particulars	31-03-2017	31-03-2016
CASH FLOW FROM OPERATING ACTIVITES
Net Profit before Tax and after Extraordinary Items	22,67,86,722	10,70,62,049
Adjustment for:
Share in accumulated profit & free reserve of associates	-	4,57,81,005
Consolidation of subsidiaries	-	-1,81,764
Provision for standard assets	92,750	-
provision for diminution in investments	53,82,145	-
Pre-operative expenses written off	-	47,308
Depreciation and amortizations	7,72,750	9,475
Dividend received	-2,11,72,044	-2,45,99,150
(Profit)/Loss on Share Investments	-22,97,19,933	-4,87,65,797
Operating Profit before Working Capital Charges	-1,78,57,610	7,93,53,126
Adjustment for:
(Increase)/Decrease in fixed assets	-41,00,865	-
(Increase)/Decrease in inventories	-13,647	21,780
(Increase)/Decrease in trade receivables	60,495	-52,941
(Increase)/Decrease in loans & advances	-5,85,00,000	1,24,91,127
(Increase)/Decrease in other non- current assets	8,872	-
(Increase)/Decrease in other current- assets	-10,45,772	4,19,570
Increase/(Decrease) in other current liabilities	34,65,390	-1,45,431
Cash generated from operating activities	-7,79,83,137	9,20,87,231
Advance Income Tax/ TDS (paid)/ Refund	-4,82,46,216	-1,24,12,607
Net Cash Flow from Operating Activates	-12,62,29,353	7,96,74,624
CASH FLOW FROM INVESTING ACTIVITIES
(Increase)/ Decrease in Investments	16,20,05,636	-12,47,47,054
Dividend received	2,11,72,044	2,45,99,150
Net Cash Flow from Investing Activities	18,31,77,680	-10,01,47,904
Net Cash Flow from Financing Activities	-	-
NET INCREASE IN CASH AND CASH EQUIVALENTS	5,69,48,327	-2,04,73,280
CASH & CASD EQUIVALENTS AT THE BEGINNING OF THE YEAR	4,36,33,793	6,41,07,073
CASH & CASH EQUIVALENTS AT THE END OF THE YEAR	10,05,82,120	4,36,33,793

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.

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Financial Ratios of Udaipur Cotton Mills Company Limited

Particulars	2018
Current Ratio	14.28
Net worth	28.39%
Return on Equity	22.11%
Total Assets Ratio	26.74%

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.