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BUTTERFLY GANDHIMATHI 2021-22 Annual Report Analysis
Sat, 25 Jun

BUTTERFLY GANDHIMATHI has announced its results for the year ended March 2022. Let us have a look at the detailed performance review of the company during FY21-22.

BUTTERFLY GANDHIMATHI Income Statement Analysis

  • Operating income during the year rose 15.6% on a year-on-year (YoY) basis.
  • The company's operating profit decreased by 34.7% YoY during the fiscal. Operating profit margins witnessed a fall and stood at 5.2% in FY22 as against 9.2% in FY21.
  • Depreciation charges decreased by 0.6% and finance costs decreased by 20.9% YoY, respectively.
  • Other income grew by 22.8% YoY.
  • Net profit for the year declined by 55.4% YoY.
  • Net profit margins during the year declined from 4.2% in FY21 to 1.6% in FY22.

BUTTERFLY GANDHIMATHI Income Statement 2021-22

No. of Mths Year Ending 12 Mar-21* 12 Mar-22* % Change
Net Sales Rs m 8,696 10,053 15.6%
Other income Rs m 16 19 22.8%
Total Revenues Rs m 8,712 10,072 15.6%
Gross profit Rs m 797 520 -34.7%
Depreciation Rs m 156 155 -0.6%
Interest Rs m 174 137 -20.9%
Profit before tax Rs m 483 248 -48.8%
Tax Rs m 122 86 -29.2%
Profit after tax Rs m 362 161 -55.4%
Gross profit margin % 9.2 5.2
Effective tax rate % 25.2 34.9
Net profit margin % 4.2 1.6
* Results Consolidated
Interim results exclude extraordinary / exceptional items
Source: Accord Fintech, Equitymaster



Important: The Biggest Prediction of India's Top Analyst

BUTTERFLY GANDHIMATHI Balance Sheet Analysis

  • The company's current liabilities during FY22 stood at Rs 3 billion as compared to Rs 3 billion in FY21, thereby witnessing an increase of 7.8%.
  • Long-term debt down at Rs 46 million as compared to Rs 116 million during FY21, a fall of 60.5%.
  • Current assets rose 9% and stood at Rs 3 billion, while fixed assets fell 0% and stood at Rs 2 billion in FY22.
  • Overall, the total assets and liabilities for FY22 stood at Rs 5 billion as against Rs 5 billion during FY21, thereby witnessing a growth of 6%.

BUTTERFLY GANDHIMATHI Balance Sheet as on March 2022

No. of Mths Year Ending 12 Mar-21* 12 Mar-22* % Change
Networth Rs m 2,240 2,350 4.9
 
Current Liabilities Rs m 2,596 2,800 7.8
Long-term Debt Rs m 116 46 -60.5
Total Liabilities Rs m 4,975 5,250 5.5
 
Current assets Rs m 3,205 3,482 8.6
Fixed Assets Rs m 1,770 1,769 -0.1
Total Assets Rs m 4,975 5,250 5.5
* Results Consolidated
Interim results exclude extraordinary / exceptional items
Source: Accord Fintech, Equitymaster



BUTTERFLY GANDHIMATHI Cash Flow Statement Analysis

  • BUTTERFLY GANDHIMATHI's cash flow from operating activities (CFO) during FY22 stood at Rs -211 million on a YoY basis.
  • Cash flow from investing activities (CFI) during FY22 stood at Rs -179 million, an improvement of 57.9% on a YoY basis.
  • Cash flow from financial activities (CFF) during FY22 stood at Rs 74 million, an improvement of 105% on a YoY basis.
  • Overall, net cash flows for the company during FY22 stood at Rs -316 million from the Rs 322 million net cash flows seen during FY21.

BUTTERFLY GANDHIMATHI Cash Flow Statement 2021-22

Particulars No. of months 12 12 % Change
Year Ending Mar-21 Mar-22
Cash Flow from Operating Activities Rs m 2,073 -211 -
Cash Flow from Investing Activities Rs m -114 -179 -
Cash Flow from Financing Activities Rs m -1,637 74 -
Net Cash Flow Rs m 322 -316 -
* Results Consolidated
Interim results exclude extraordinary / exceptional items
Source: Accord Fintech, Equitymaster



Current Valuations for BUTTERFLY GANDHIMATHI

  • The trailing twelve-month earnings per share (EPS) of the company stands at Rs 9.0, an decline from the EPS of Rs 20.2 recorded last year.
  • The price to earnings (P/E) ratio, at the current price of Rs 1,072.2, stands at 118.9 times its trailing twelve months earnings.
  • The price to book value (P/BV) ratio at current price levels stands at 8.2 times, while the price to sales ratio stands at 1.9 times.
  • The company's price to cash flow (P/CF) ratio stood at 54.9 times its end-of-year operating cash flow earnings.

Per Share Data/Valuations

No. of Mths Year Ending 12 Mar-21* 12 Mar-22*
Sales per share (Unadj.) Rs 486.4 562.3
TTM Earnings per share Rs 20.2 9.0
Diluted earnings per share Rs 20.2 9.0
Price to Cash Flow x 19.2 54.9
TTM P/E ratio x 27.5 118.9
Price / Book Value ratio x 3.0 7.4
Market Cap Rs m 6,779 17,343
Dividends per share (Unadj.) Rs 3.0 3.0
* Results Consolidated
Interim results exclude extraordinary / exceptional items
Source: Accord Fintech, Equitymaster



Ratio Analysis for BUTTERFLY GANDHIMATHI

  • Solvency Ratios
  • Current Ratio: The company's current ratio improved and stood at 1.2x during FY22, from 1.2x during FY21. The current ratio measures the company's ability to pay short-term and long-term obligations.

    Interest Coverage Ratio: The company's interest coverage ratio deteriorated and stood at 2.8x during FY22, from 3.8x during FY21. The interest coverage ratio of a company states how easily a company can pay its interest expense on outstanding debt. A higher ratio is preferable.

  • Profitability Ratios
  • Return on Equity (ROE): The ROE for the company declined and down at 6.9% during FY22, from 16.1% during FY22. 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 declined and down at 16.1% during FY22, from 27.9% during FY21. 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 declined and down at 5.7% during FY22, from 10.8% during FY21. The ROA measures how efficiently the company uses its assets to generate earnings.

Key Ratio Analysis

No. of Mths Year Ending 12 Mar-21* 12 Mar-22*
Current ratio x 1.2 1.2
Debtors’ Days Days 312 337
Interest coverage x 3.8 2.8
Debt to equity ratio x 0.1 0.0
Return on assets % 10.8 5.7
Return on equity % 16.1 6.9
Return on capital employed % 27.9 16.1
* Results Consolidated
Interim results exclude extraordinary / exceptional items
Source: Accord Fintech, Equitymaster



To see how BUTTERFLY GANDHIMATHI has performed over the last 5 years, please visit here.

BUTTERFLY GANDHIMATHI Share Price Performance

Over the last one year, BUTTERFLY GANDHIMATHI share price has moved up from Rs 691.5 to Rs 1,072.2, registering a gain of Rs 380.7 or around 55.0%.

Meanwhile, the S&P BSE CONSUMER DURABLES Index is trading at Rs 35,418.9 (up 1.5%). Over the last one year it has moved down from 35,640.2 to 35,418.9, a loss of 221 points (down 0.6%).

Overall, the S&P BSE SENSEX is up 0.8% over the year.

(To know more, check out historical annual results for BUTTERFLY GANDHIMATHI and quarterly results for BUTTERFLY GANDHIMATHI)

Annual Report FAQs

What is the current share price of BUTTERFLY GANDHIMATHI?

BUTTERFLY GANDHIMATHI currently trades at Rs 0.0 per share. You can check out the latest share price performance of BUTTERFLY GANDHIMATHI here...

What was the revenue of BUTTERFLY GANDHIMATHI in FY22? How does it compare to earlier years?

The revenues of BUTTERFLY GANDHIMATHI stood at Rs 10,072 m in FY22, which was up 15.6% compared to Rs 8,712 m reported in FY21.

BUTTERFLY GANDHIMATHI's revenue has grown from Rs 5,334 m in FY18 to Rs 10,072 m in FY22.

Over the past 5 years, the revenue of BUTTERFLY GANDHIMATHI has grown at a CAGR of 17.2%.

What was the net profit of BUTTERFLY GANDHIMATHI in FY22? How does it compare to earlier years?

The net profit of BUTTERFLY GANDHIMATHI stood at Rs 161 m in FY22, which was down -55.4% compared to Rs 362 m reported in FY21.

This compares to a net profit of Rs 40 m in FY20 and a net profit of Rs 96 m in FY19.

Over the past 5 years, BUTTERFLY GANDHIMATHI net profit has grown at a CAGR of 35.3%.

What does the cash flow statement of BUTTERFLY GANDHIMATHI reveal?

The cash flow statement is the financial statement that presents the cash inflows and outflows of a company during a given period of time.

This statement is one of the most useful tools for judging a company's liquidity position. The ratios and parameters in this statement helps test a company's financial health.

The cash flow statement of BUTTERFLY GANDHIMATHI reveals:

  • Cash flow from operations decreased in FY22 and stood at Rs -211 m as compared to Rs 2,073 m in FY21.
  • Cash flow from investments decreased in FY22 and stood at Rs -179 m as compared to Rs -114 m in FY21.
  • Cash flow from financial activity increased in FY22 and stood at Rs 74 m as compared to Rs -1,637 m in FY21.

Here's the cash flow statement of BUTTERFLY GANDHIMATHI for the past 5 years.

(Rs m)FY18FY19FY20FY21FY22
From Operations-3488241732,073-211
From Investments-85-188-128-114-179
From Financial Activity317-767-70-1,63774
Net Cashflow-117-130-25322-316

What does the Key Ratio analysis of BUTTERFLY GANDHIMATHI reveal?

Be it the company's profitability, operations effectiveness or utilization of funds, ratio analysis is an important tool which helps in making investment decisions.

The ratio/financial analysis of BUTTERFLY GANDHIMATHI reveals:

  • Operating profit margins witnessed a fall and stood at 5.2% in FY22 as against 9.2% in FY21.
  • Net profit margins declined from 4.2% in FY21 to 1.6% in FY22.
  • Debt to Equity ratio for FY22 stood at 0.0 as compared to 0.1 in FY21.

Here's the ratio/financial analysis of BUTTERFLY GANDHIMATHI for the past 5 years.

 FY18FY19FY20FY21FY22
Operating Profit Margin (%)6.57.06.09.25.2
Net Profit Margin (%)0.91.50.64.21.6
Debt to Equity Ratio (x)0.20.20.20.10.0

 

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