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BISLERI GUJARAT 2022-23 Annual Report Analysis

Fri, 25 Aug

BISLERI GUJARAT has announced its results for the year ended March 2023. Let us have a look at the detailed performance review of the company during FY22-23.

BISLERI GUJARAT Income Statement Analysis

• Operating income during the year rose 166.3% on a year-on-year (YoY) basis.
• The company's operating profit increased by 1000.0% YoY during the fiscal. Operating profit margins witnessed a fall and down at 4.4% in FY23 as against 1.1% in FY22.
• Depreciation charges increased by 0.0% and finance costs decreased by 100.0% YoY, respectively.
• Other income grew by 0.0% YoY.
• Net profit for the year grew by 1000.0% YoY.
• Net profit margins during the year grew from 1.0% in FY22 to 4.4% in FY23.

BISLERI GUJARAT Income Statement 2022-23

No. of Mths Year Ending		12 Mar-22*	12 Mar-23*	% Change
Net Sales	Rs m	15	40	166.3%
Other income	Rs m	0	0	0.0%
Total Revenues	Rs m	15	40	166.4%
Gross profit	Rs m	0	2	1,000.0%
Depreciation	Rs m	0	0	0.0%
Interest	Rs m	0	0	-100.0%
Profit before tax	Rs m	0	2	1,000.0%
Tax	Rs m	0	0	0.0
Profit after tax	Rs m	0	2	1,000.0%
Gross profit margin	%	1.1	4.4
Effective tax rate	%	0.0	0.0
Net profit margin	%	1.0	4.4

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BISLERI GUJARAT Balance Sheet Analysis

• The company's current liabilities during FY23 stood at Rs 6 million as compared to Rs 5 million in FY22, thereby witnessing an increase of 7.8%.
• Current assets rose 40% and stood at Rs 11 million, while fixed assets fell 27% and stood at Rs 3 million in FY23.
• Overall, the total assets and liabilities for FY23 stood at Rs 14 million as against Rs 12 million during FY22, thereby witnessing a growth of 19%.

BISLERI GUJARAT Balance Sheet as on March 2023

No. of Mths Year Ending		12 Mar-22*	12 Mar-23*	% Change
Networth	Rs m	7	8	26.6
Current Liabilities	Rs m	5	6	7.8
Long-term Debt	Rs m	0	0	0.0
Total Liabilities	Rs m	12	14	18.5
Current assets	Rs m	8	11	40.3
Fixed Assets	Rs m	4	3	-27.3
Total Assets	Rs m	12	14	18.5

BISLERI GUJARAT Cash Flow Statement Analysis

• BISLERI GUJARAT 's cash flow from operating activities (CFO) during FY23 stood at Rs -3 million on a YoY basis.
• Cash flow from investing activities (CFI) during FY23 stood at Rs -3 million, an improvement of 0.0% on a YoY basis.
• Cash flow from financial activities (CFF) during FY23 stood at Rs 4 million, an improvement of 72% on a YoY basis.
• Overall, net cash flows for the company during FY23 stood at Rs -2 million from the Rs 3 million net cash flows seen during FY22.

BISLERI GUJARAT Cash Flow Statement 2022-23

Particulars	No. of months	12	12	% Change
	Year Ending	Mar-22	Mar-23
Cash Flow from Operating Activities	Rs m	0	-3	-
Cash Flow from Investing Activities	Rs m	0	-3	-
Cash Flow from Financing Activities	Rs m	2	4	72.1%
Net Cash Flow	Rs m	3	-2	-

Current Valuations for BISLERI GUJARAT

• The trailing twelve-month earnings per share (EPS) of the company stands at Rs 0.0, an improvement from the EPS of Rs 0.0 recorded last year.
• The price to earnings (P/E) ratio, at the current price of Rs 1.9, stands at 51.6 times its trailing twelve months earnings.
• The price to book value (P/BV) ratio at current price levels stands at 12.2 times, while the price to sales ratio stands at 2.5 times.
• The company's price to cash flow (P/CF) ratio stood at 23.5 times its end-of-year operating cash flow earnings.

Per Share Data/Valuations

No. of Mths Year Ending		12 Mar-22*	12 Mar-23*
Sales per share (Unadj.)	Rs	0.3	0.7
TTM Earnings per share	Rs	0.0	0.0
Diluted earnings per share	Rs	0.0	0.0
Price to Cash Flow	x	75.7	23.5
TTM P/E ratio	x	74.3	51.6
Price / Book Value ratio	x	0.0	5.0
Market Cap	Rs m	12	42
Dividends per share (Unadj.)	Rs	0.0	0.0

Ratio Analysis for BISLERI GUJARAT

• Solvency Ratios

Current Ratio: The company's current ratio improved and stood at 2.0x during FY23, from 1.6x during FY22. The current ratio measures the company's ability to pay short-term and long-term obligations.

• Profitability Ratios

Return on Equity (ROE): The ROE for the company improved and stood at 21.1% during FY23, from 2.4% during FY23. The ROE measures the ability of a firm to generate profits from its shareholders capital in the company.

Return on Capital Employed (ROCE): The ROCE for the company improved and stood at 21.1% during FY23, from 2.5% during FY22. The ROCE measures the ability of a firm to generate profits from its total capital (shareholder capital plus debt capital) employed in the company.

Return on Assets (ROA): The ROA of the company improved and stood at 12.7% during FY23, from 1.4% during FY22. The ROA measures how efficiently the company uses its assets to generate earnings.

Key Ratio Analysis

No. of Mths Year Ending		12 Mar-22*	12 Mar-23*
Current ratio	x	1.6	2.0
Debtors’ Days	Days	1,139	859
Interest coverage	x	16.0	0.0
Debt to equity ratio	x	0.0	0.0
Return on assets	%	1.4	12.7
Return on equity	%	2.4	21.1
Return on capital employed	%	2.5	21.1

To see how BISLERI GUJARAT has performed over the last 5 years, please visit here.

BISLERI GUJARAT Share Price Performance

Over the last one year, BISLERI GUJARAT share price has moved up from Rs 0.0 to Rs 1.9, registering a gain of Rs 1.9 or around 0.0%.

Overall, the S&P BSE SENSEX is up 9.9% over the year.

(To know more, check out historical annual results for BISLERI GUJARAT and quarterly results for BISLERI GUJARAT )