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T Stanes and Company Limited Balance Sheet (In Rs. Lakhs)

T Stanes and Company Limited Profit & Loss Statement (In Rs. Lakhs)

T Stanes and Company Limited Consolidated Cash Flow Statement (In Rs. Lakhs)

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

A. Cash Flow from Operating Activities

– In 2023, the company reported a profit after tax of Rs. 1,743.38.

– Adjustments for various items, including tax expense, depreciation, profit/loss on the sale of assets, allowance for credit loss, and others, resulted in an operating profit before working capital changes of Rs. 2,805.90 in 2023.

– Changes in working capital, including adjustments for changes in operating assets (inventories, trade receivables, financial assets) and operating liabilities (trade payables, financial liabilities, provisions), led to a net cash flow from operating activities of Rs. 2,520.39 in 2023.

– Income taxes paid during the year amounted to Rs. -734.84 in 2023.

B. Cash Flow from Investing Activities

– Cash flow from investing activities in 2023 included the purchase of property, plant, and equipment, proceeds from the sale of such assets, and transactions related to investments, including the sale/purchase of investments.

– The company also received rental income, interest income, and dividend income during the year.

– The net cash flow used in investing activities in 2023 was Rs. -2,178.05.

C. Cash Flow from Financing Activities

– Cash flow from financing activities in 2023 included payments for the buy-back of equity shares (net of tax), finance costs paid, payment of dividends, and payment of lease liabilities.

– The net cash flow used in financing activities in 2023 was Rs. -481.26.

Net Increase/Decrease in Cash and Cash Equivalents

– The net decrease in cash and cash equivalents for the entire year (A + B + C) was a decrease of Rs. -138.92 in 2023.

– The balance of cash and cash equivalents as of March 31, 2023, stood at Rs. 773.04, compared to Rs. 911.96 as of March 31, 2022.

Breakdown of Cash and Cash Equivalents at the End of the Year

– Cash on hand: Rs. 25.5

– Cheques on hand: Rs. 156.72

– Balances with banks in current accounts: Rs. 53.5

– Balances with others in Cash Credit account: Rs. 532.32

– Balances with banks in deposit accounts with original maturity less than 3 months: Rs. 5

T Stanes and Company Limited Key Financial Ratios

Here is a summary of the financial and operational metrics for T Stanes and Company Limited

1.Current Ratio

   – In 2023, the current ratio was 2.44, indicating that the company had Rs. 2.44 in current assets for every Rs. 1 in current liabilities.

   – In 2022, the current ratio was slightly lower at 2.25, suggesting a strong liquidity position in both years, with an improvement from 2022 to 2023.

2. Return on Equity (ROE)

   – In 2023, the ROE was 12.03%, indicating that the company generated a return of 12.03% on shareholders ‘ equity during the year.

   – In 2022, the ROE was slightly higher at 13.23%, showing a marginally higher return on equity in the previous year.

3.Inventory Turnover Ratio

   – In 2023, the inventory turnover ratio was 5.86, suggesting that the company ‘s inventory was turned over approximately 5.86 times during the year.

   – In 2022, the ratio was slightly higher at 6.34, indicating a slightly faster turnover of inventory in the previous year.

4.Trade Receivables Turnover Ratio

   – In 2023, the trade receivables turnover ratio was 6.06, suggesting that the company collected its outstanding receivables approximately 6.06 times during the year.

   – In 2022, the ratio was 5.97, indicating a similar turnover of trade receivables in the previous year.

5.Trade Payables Turnover Ratio

   – In 2023, the trade payables turnover ratio was 6.9, indicating that the company paid its trade payables approximately 6.9 times during the year.

   – In 2022, the ratio was 7.24, suggesting a slightly faster turnover of trade payables in the previous year.

6. Net Capital Turnover Ratio

   – In 2023, the net capital turnover ratio was 4.42, indicating the efficiency of the company in utilizing its capital to generate sales.

   – In 2022, the ratio was slightly higher at 4.83, showing a slightly higher capital turnover in the previous year.

7. Net Profit Ratio

   – In 2023, the net profit ratio was 4.20%, indicating that the company earned a net profit of 4.20% on its total revenue during the year.

   – In 2022, the ratio was slightly higher at 4.34%, suggesting a slightly higher net profit margin in the previous year.

8. Return on Capital Employed (ROCE)

   – In 2023, the ROCE was 15.59%, indicating a return of 15.59% on the capital employed by the company.

   – In 2022, the ROCE was slightly higher at 16.35%, suggesting a slightly higher return on capital employed in the previous year.

9.Return on Investment (ROI)

   – In 2023, the ROI was -18.23%, indicating a negative return on the company ‘s total investment.

   – In 2022, the ROI was 11.54%, showing a positive return on investment in the previous year.