Financial Highlights & Corporate Responsibility
GOKALDAS EXPORTS LIMITED
FINANCIAL
HIGHLIGHTS
ANALYSIS OF FINANCIAL POSITION
in Crores
NON-CURRENT ASSETS
Investment in Fixed Assets
Other non-current assets
Total non-current assets
Current assets
Inventories
Trade receivables
Other current assets
Total current assets
Less: Current Liabilities
Trade payables
Other current liabilities
Total current liabilities
Net Current Assets
Capital Employed
SOURCES OF FUNDS
Equity
Long term Borrowings
Short term Borrowings
Total Borrowings
Less: Fixed Deposits held with Banks
Less: Cash and cash equivalents includes investment in MFs
Net Borrowings / Net Debt
Long term provisions
Lease Liabilities (Net)#
Total Sources of Funds
08
Note: # lease liabilities are net off right of use of assets and liabilities.
Capital employed does not include cash and cash equivalents including investment in mutual funds
FY20
FY21
Y-O-Y change
130.1
127.2
49.7
45.8
(2.9)
(3.8)
179.8
173.1
(6.7)
289.2
259.2
(30.0)
143.5
179.8
36.3
82.3
68.7
(13.6)
515.1
507.7
(7.3)
114.3
111.7
(2.6)
137.6
104.4
(33.3)
251.9
216.1
(35.9)
263.1
291.6
28.5
442.9
464.7
21.8
226.6
290.1
63.5
18.8
18.8
391.0
346.4
(44.6)
391.0
365.2
(25.7)
139.0
146.9
7.9
47.8
52.1
4.3
204.1
166.2
(37.9)
4.6
5.3
0.7
7.6
3.1
(4.5)
442.9
464.7
21.8
LIQUIDITY POSITION
The current ratio has increased to 2.35
from 2.04 placing the company is in a
better position to meet its short-term
obligations. The working capital has
increased marginally because of year-
end post-shipment bills of 72 Crs were
discounted but not adjusted for. Adjusting
for which, the working capital investment
has been lower.
CAPITAL EMPLOYED
Through a superior working capital
the
management,
has
company
maintained it's capital employed, giving
better return on capital employed for the
company.
DEBT
The company has reduced the net debt
by 38 Crs during the year keeping net
debt at 166 Crs compared to 204 Crs
as of 31-Mar-20.
The net debt to equity is 0.72 in FY21
compared to 0.94 in FY20.View entire presentation