AMRUT EXPORT LTD.

5.9 P&L A/C, BALANCE SHEET & WIC OF YEAR 2014-15, 2015-16:-

PARTICULARS YEAR ENDED ON 31/3/2015

AMOUNT (RS)
INCOME
Revenue from operations(gross) 49,05,19,874.36
Less: excise duty/ custom duty -
Revenue from operation(net) 49,05,19,874.36
Other income 20,12,494.19

Total revenue 49,25,32,368.55

EXPENDITURE
Cost of material consumed 49,82,90,796.05
Purchase of stock-in-trade -
Change in inventories of finish goods & WIP 10,60,92,170.05
Employees benefits expenses 3,25,68000.00
Finance cost 2,06,89,042.37
Depreciation 3,15,56,832.00
Other expenses 2,79,98,075.87

Total expenses 50,50,10,576.24

Profit/loss before exceptional & extraordinary (1,24,78,207.69)

items & tax
Deferred tax (13,77,052.01)

PROFIT/LOSS FOR THE YEAR (1,11,01,155.68)

BALANCESHEET OF YEAR OF 2014-2015:-

PARTICULERS AS ON 31/03/2015 AMOUNT(RS)

I. SOURCE OF FUND
1. Shareholders fund
a) Share capital 3,31,98,200
b) Reserve and surpluses 14,34,92,060.94

2. Share application money pending -

allotment

3. Non-current liabilities

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a) Long term borrowings 24,72,86,623

b) Deferred tax liabilities (net) 1,09,71,066.94
c) Other long term liabilities -
d) Long term provisions -

4. Current liabilities
a) Short term borrowings 18,41,49,842.75
b) Trade payable 3,89,41,468.00
c) Other current liabilities 76,15,404.00
d) Short term provisions 87,76,437.00

TOTAL 67,44,31,102.63

II. APPLICATION OF FUND

1. Non- current assets
a) Fixed assets
Tangible assets 20,76,13,151,98
Intangible assets 79,836.00
Capital work-in-progress -
Intangible assets under development -
b) Non current investments 2,600.00
c) Long term loans and advances 20,70,930.98
d) Other non-current assets -
2. Current assets
a) Current investment -
b) Inventories 11,76,86,433.00
c) Trade receivables 22,34,39,193,39
d) Cash & cash equivalents 65,46,508.34
e) Short- term loans & advances 11,13,30,865.00
f) Other current assets 56,61,583.94

TOTAL 67,44,31,102.63

PROFIT & LOSS ACCOUNT YEAR OF 2015-2016:-

PARTICULARS YEAR ENDED ON 31/3/2016

Amount(RS)
INCOME

Revenue from operations (GROSS) 11,11,91,004.26

Less: excise duty/ custom duty -
Revenue from operations(NET) 11,11,91,004.26
Other income 5,58,227,74

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Total revenue 11,17,49,232.00

EXPENDITURE

Cost of material consume 5,78,70,296.00

Purchase of stock-in-trade -
Change in inventories of finish goods & WIP 10,37,43,238.00
Employees benefits expenses 2,53,24,391.00
Finance cost 1,62,97,668.25
Depreciation 1,86,46,658.00
Other expenses 2,52,30,928.73

Total expenses 24,71,13,179.98

Profit/loss before exceptional & extraordinary 13,53,63,947.98

items & tax
Exceptional / extraordinary items 1,95,80,099.00
Profit/loss before tax 15,49,44,046.98

Deferred tax 46,51,248.46

PROFIT/LOSS FOR THE YEAR 15,02,92,798.52

BALANCE SHEET OF THE YEAR 2015-2016:-

PARTICULERS AS ON 31/03/2015 AMOUNT(RS)

I. SOURCE OF FUND
1. Shareholders fund
a) Share capital 3,31,98,200.00
b) Reserve and surpluses 68,00,737.58

2. Share application money pending -

allotment

3. Non-current liabilities
a) Long term borrowings 24,96,99,655.25
b) Deferred tax liabilities (net) 63,19,818.48
c) Other long term liabilities -
d) Long term provisions -

4. Current liabilities
a) Short term borrowings 18,59,16,039.45

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b) Trade payable 3,58,57,382.00

c) Other current liabilities 42,16,553.00
d) Short term provisions 67,74,115.00

TOTAL 51,51,81,025.60

II. APPLICATION OF FUND

1. Non- current assets
a) Fixed assets
Tangible assets 16,95,37,131.98
Intangible assets 76,362.00
Capital work-in-progress -
Intangible assets under development -
b) Non current investments 2,600.00
c) Long term loans and advances 22,32,215.72
d) Other non-current assets -

2. Current assets
a) Current investment -
b) Inventories 75,14,443.00
c) Trade receivables 22,17,93,286.08
d) Cash & cash equivalents 1,55,09,551.04
e) Short- term loans & advances 9,25,56,554.00
f) Other current assets 59,58,881.78

TOTAL 51,51,81,025.60

WORKING CAPITAL OF LAST TWO YEAR:-

PARTICULAR 2014-14 2015-16

I. CURRENT ASSETS
a) Current investment - -
b) Inventories 11,76,86,443.00 75,14,443.00
c) Trade receivables 22,34,39,193.39 22,17,93,286.08
d) Cash & cash equivalents 65,46,508.34 1,55,09,551.04
e) Short term loans & advances 11,13,30,865.00 9,25,56,554.00
f) Other current assets 56,61,558.94 59,58,881.78

TOTAL 46,46,64,583.67 34,33,32,715.90

II. CURRENTLIABILITIES

a) Short term borrowings 18,41,49,842.75 18,59,16,039.45

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b) Trade payables 3,89,41,468.00 3,58,57,382.00

c) Other current liabilities 76,15,404.00 42,16,553.00
d) Short term provisions 87,76,437.00 67,74,115.00

TOTAL 23,94,83,151.75 23,27,64,089.45

NET WORKING CAPITAL 22,51,81,431.92 11,05,68,626.45

5.10 RATIO ANALYSIS:-

A ratio refers to establishment of relationship between any two inter-related variables. Ratio
analysis stands for the process of determining and presenting the relationship between of items
and groups of items in the financial statements.

Here represent the AMRUT EXPORT LTD. Data analysis.

1. Gross profit ratio:-

This ratio establishes the relationship between gross profit sales and net sales.

Gross profit ratio= Gross profit * 100

Net sales

YEAR GROSS PROFIT SALES RATIO

2014-15 8,79,36,556 59,84,15,434 14.69%
2015-16 4,44,27,294 10,22,97,590 43.43%

Interpretation:- gross profit of the company is increasing day by day. It is increased to 14.69% in
2015 as compare to it increase at 43.43% in 2016.

2. Net profit ratio:-

This ratio establishes the relationship between the amount of net profit and net income
and the amount of sales revenue.

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Net profit ratio= Net profit * 100

Net sales

YEAR NET PROFIT NET SALES RATIO

2014-15 4,06,95,622 59,84,15,434 6.80%
2015-16 55,42,923 10,22,97,590 5.42%

Interpretation:- the net profit of the increase in 2015-15 and then ratio is decreased as compare
year 2014-15.

3. Operating ratio:-

This ratio establishes profitability from the shareholder point of view here net profit means the
final income that is available to equity shareholders.

Operating ratio= Cost of Goods Sold + Operating Ratio

Sales

YEAR COST OF OPERATING SALES RATIO

GOOD SOLD EXPENSES
2014-15 41,03,58,294 7,03,70,707 59,84,15,434 9.05%
2015-16 1,36,07,737 8,86,89,853 10,22,97,590 20.32%

Interpretation:- the operating ratio is increased continuously.

4. Stock turnover ratio:-

This is also known as stock velocity. This ratio is helpful to determine policies related to
inventory and its management.

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Stock turnover ratio= Cost of goods sold

Average stock

YEAR COST OF GOOD AVERAGE STOCK RATIO

SOLD
2014-14 41,03,58,294 6,80,75,314.50 6.02%
2015-16 - - -

Interpretation:- the stock turnover ratio year 2015-16 is zero.

5. Current ratio:-

Current ratio express relationship between current assets and current liabilities. It measure the
short term solvency of the firm.

Current ratio= Current assets

Current liabilities

YEAR CURENT ASSETS CURRENT RATIO

LIABILITIES
2014-14 46,46,64,583.67 23,94,83,151.75 1.94%
2015-16 34,33,32,715.90 23,27,64,089.45 1.47%

Interpretation:- in a current ratio nothing much difference between current ratio and current
liabilities.

6. Proprietary ratio:-

It related shareholders fund to total assets, it show the term solvency of the firm. It is test of long
term credit strength. It is variant of debt equity ratio.

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Proprietary ratio= Shareholders fund

Total assets

YEAR SHAREHOLDERS TOTAL ASSETS RATIO

FUND
2014-15 3,31,98,200 17,44,94,787 19.02%
2015-16 3,31,98,200 16,96,41,393 24.33%

Interpretation:- in a proprietary ratio 2014-16 s 19.02% then it increase in 2015-16 24.33%.

7. Liquidity ratio:-

It is ratio between liquid assets and liquid liabilities. It is crude measure of liquidity position.

Liquidity ratio= Current assets

Current liabilities

YEAR CURENT ASSETS CURRENT RATIO

LIABILITIES
2014-15 34,69,78,150.67 23,94,83,151.75 1.45%
2015-16 33,58,18,272.90 23,27,64,089.45 1.44%

8. Return on assets ratio:-

It measures the profitability of the business investment. Higher the ratio better it is.

Return on assets ratio= Net profit

Total assets

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YEAR NET PROFIT TOTAL ASSETS RATIO

2014-15 4,06,95,622 17,44,92,487 23.32%
1016-16 55,42,923 16,96,41,393 3.27%

Interpretation:- Return on assets ratio in 2014-15 23.32% then 2015-16 ratio is fall business
investment profitability is very low.

5.11 COMMON SIZE FINANCIAL STATEMENTS:-

COMMON SIZE INCOME STATEMENT

Particular 2014-15 percentage 2015-16 Percentage

ASSETS
Fixed assets 20,97,66,518.96 31.24% 17,18,48,309.7 83.35%
Current assets 46,16,64,583.67 68.76% 3,43,32,715.90 16.65%

Total assets 67,14,31,102.63 100% 20,61,81,025.60 100%

LIALIBLITIES
& CAPITAL
Equity capital 3,31,98,200.00 4.992% 3,31,98,200.00 6.44%
Preference - - - -
capital
Reserves 14,34,92,060.94 21.27% (68,00,73,758) (-1.32%)
Total 17,66,90,260.94 26.19% 2,63,97,462.42 5.12%
shareholders
fund
Long term 25,82,57,689.94 38.29% 25,60,19,473.73 29.69%
liabilities
Debentures - - - -
Current liabilities 23,94,83,151.75 35.51% 23,27,64,089.45 45.18%
Total liabilities 49,77,40,841.69 73.80% 48,87,83,563,18 94.88%

TOTAL 67,44,31,102.63 100% 51,51,81,025.60 100%

LIABILITIES
& CAPITAL

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