Rathi Industries Ltd Shares

Financial Report Summary

Rathi Industries Limited - Summary of Financial Statements as of March 31, 2022

Assets and Liabilities Statement:

As of March 31, 2022, Rathi Industries Limited reported total assets of Rs. 2,61,92,28,562, compared to Rs. 2,69,12,12,607 as of March 31, 2021. The assets are categorized into non-current and current assets. Non-current assets include fixed assets (Rs. 1,21,59,59,662 in 2022 vs. Rs. 1,28,00,91,543 in 2021), non-current investments, deferred tax assets, long-term loans and advances, and other non-current assets, totaling Rs. 1,27,68,42,009 in 2022 and Rs. 1,34,09,62,890 in 2021. Current assets include current investments, inventories (Rs. 32,18,09,437 in 2022 vs. Rs. 32,30,89,679 in 2021), trade receivables (Rs. 87,06,21,459 in 2022 vs. Rs. 83,26,17,941 in 2021), cash and cash equivalents (Rs. 60,71,829 in 2022 vs. Rs. 43,55,479 in 2021), short-term loans and advances, and other current assets, totaling Rs. 1,34,23,86,553 in 2022 and Rs. 1,35,02,49,717 in 2021.

Equity and liabilities consist of shareholders' funds and liabilities. Shareholders' funds comprise share capital (Rs. 6,46,00,000 for both years) and reserves and surplus (Rs. 1,35,71,49,627 in 2022 vs. Rs. 1,32,16,58,169 in 2021), totaling Rs. 1,42,17,49,627 in 2022 and Rs. 1,38,62,58,169 in 2021. Liabilities are divided into non-current and current liabilities. Non-current liabilities include long-term borrowings (Rs. 15,21,56,369 in 2022 vs. Rs. 36,13,02,563 in 2021), deferred tax liabilities, other long-term liabilities, and long-term provisions, totaling Rs. 28,94,99,673 in 2022 and Rs. 55,70,72,706 in 2021. Current liabilities consist of short-term borrowings (Rs. 71,09,85,138 in 2022 vs. Rs. 55,64,95,533 in 2021), trade payables (Rs. 17,72,36,460 in 2022 vs. Rs. 13,05,46,742 in 2021), other current liabilities, and short-term provisions, totaling Rs. 90,79,79,262 in 2022 and Rs. 74,78,81,732 in 2021.

Financial Results (Quarter and Year Ended March 31, 2022):

Rathi Industries Limited's statement of audited financial results for the quarter and year ended March 31, 2022, indicates income from operations of Rs. 2,00,12,96,297 for the quarter ended March 31, 2022, compared to Rs. 1,65,96,94,247 for the quarter ended March 31, 2021. Total income from operations matches the income from operations figure. Expenses include the cost of materials consumed (Rs. 1,00,77,87,069), purchase of stock in trade (Rs. 86,94,85,827), changes in inventories of finished goods, employee benefits expenses, depreciation and amortization expenses, and other expenses, totaling Rs. 1,96,41,24,654 for the quarter ended March 31, 2022.

Profit from operations before other income, finance costs, and exceptional items was Rs. 3,71,71,643. Other income was Rs. 7,55,868. Profit from ordinary activities before finance costs and exceptional items was Rs. 3,79,27,511. Finance costs amounted to Rs. 2,40,41,552. Profit from ordinary activities after finance costs but before exceptional items was Rs. 1,38,85,959. Tax expense was Rs. 23,17,844, resulting in a net profit from ordinary activities after tax of Rs. 1,15,68,114. Basic and diluted earnings per share (before extraordinary items) stood at Rs. 1.79.

For the year ended March 31, 2022, the income from operations was Rs. 6,54,45,07,862, and the net profit after taxes, minority interest, and share of profit of associates was Rs. 3,54,91,458. The paid-up equity share capital was Rs. 6,46,00,000.

Cash Flow Statement:

For the year ended March 31, 2022, the cash flow from operating activities resulted in a net cash inflow of Rs. 22,97,48,022. Cash flow used in investing activities was Rs. 4,39,21,453. Cash flow used in financing activities was Rs. (27,19,53,125). The net increase in cash and cash equivalents was Rs. 17,16,350. Cash and cash equivalents at the end of the year (current year) were Rs. 60,71,829.