Company : Onida Electronics

Type : Public
Industry : Consumer Electronics
Founded : 1981
Founder : G.L. Mirchandani
Headquarters : Mumbai, India
Website : www.onida.com
 Group 3
P202B046 Abdullah Al Faruque
P202B050 Dharun Babu K
P202B053 Himanshi Saxena
P202B059 Priya Dhiman
P202B062 Sarthak Mahapatra
 ONIDA ELECT
BALANCE SHEET as at 31st MARCH
31st March, 2020 31st March, 2019 31st March, 2018
Assets [in lakhs] [in lakhs] [in lakhs]

Non-Current Assets
Property, Plant and
9,525.81 10,100.64 10,579.90
Equipment
Capital work-in-progress 29.5 - 61.21
Other Intangible assets 29.14 34.68 4.76
Intangible assets under
- - 26.11
development

Financial Assets
Investments 432.52 388.73 261.1
Loans - - -
Others 1,073.28 996.27 1,191.29

Income Tax Assets (Net) 110.45 107.49 93.03

Other non-current assets 3,645.96 3,500.69 2,303.05
Total non-current assets 14,846.66 5,027.86 3,940.55

Current Assets
Inventories 32,905.13 21,491.75 22,474.32

Financial Assets

Trade receivables 7,872.46 11,960.21 13,410.36

Cash and cash
89.67 713 1,795.85
equivalents
Other Bank Balances 523.88 586.33 617.99
Others 322.92 353.95 207.64

Income Tax Assets (Net) - - -

Other current assets 1,185.72 1,049.25 1,228.96
Total current assets 42,899.78 36,154.49 39,735.12

Total Assets 57,746.44 39,655.18 42,038.17

 ONIDA ELECTRONICS
NCE SHEET as at 31st MARCH, 2019 and 31st MARCH, 2018
31st March, 2017 31st March, 2016 31st March, 2020 31st March, 2019
[in lakhs] [in lakhs]
Equity and Liabilities [in lakhs] [in lakhs]

Equity
11,362.28 12,406.24 Equity Share capital 2,311.39 2,311.39
Other Equity 19,880.47 19,243.88
Money received against
6.09 7.83 - 1,801.44
share warrants
26.1 - Total equity 22,191.86 23,356.71

Liabilities
221.43 -
- 125.00 Non-current liabilities
1,292.51 2,066.98
Financial Liabilities
88.37 64.71 Borrowings 1,318.30 1,756.96
1,845.81 1,432.76
14,842.59 16,103.52 Provisions 554.98 588.82

Total non-current
1,873.28 2,345.78
liabilities

Current liabilities
20,573.05 24,151.24

Financial Liabilities

12,503.53 12,419.07 Borrowings 6,134.51 4,780.70

1,496.16 1,728.09 Total outstanding dues o 120.76 7.48
405.09 173.46 Total outstanding dues of 24,685.44 17,900.60
498.83 1,774.82 Others 1,446.06 1,639.49

- 4.00 Provisions 472.34 571.54

1,414.57 1,223.68 Other current liabilities 822.19 680.69
36,891.23 41,474.36 Total current liabilities 33,681.30 25,580.50

Total Equity and

51,733.82 57,577.88 57,746.44 51,282.99
Liabilities
24,806.20 17,908.08
 31st March, 2018 31st March, 2017 31st March, 2016
[in lakhs] [in lakhs] [in lakhs]

Equity
2,311.39 2,119.39 1,964.20
19,627.37 10,305.44 10,252.52
1,801.44 - 568.75
23,740.20 12,424.83 12,785.47

Liabilities

287.5 537.03 709.71

566.95 418.55 259.57

854.45 955.58 969.28

4,532.68 15,978.67 19,057.68

-
21,619.11 17,285.23 20,408.85
1,733.52 2,162.96 1,679.18

721.55 641.92 377.86

1,054.06 2,284.63 2,299.56
29,660.92 38,353.41 43,823.13

54,255.57 51,733.82 57,577.88

21,619.11 17,285.23
 ONIDA ELECTRONICS
BALANCE SHEET as at 31st MARCH, 2019 and 31st MARCH, 2018
31st March, 2020 31st March, 2019
Percentage
[in lakhs] [in lakhs]

Assets

Non-Current Assets
Property, Plant and Equipment 9,525.81 16.50% 10,100.64
Capital work-in-progress 29.5 0.05% -
Other Intangible assets 29.14 0.05% 34.68
Intangible assets under
- -
development
Financial Assets
Investments 432.52 0.75% 388.73
Loans -
Others 1,073.28 1.86% 996.27
Income Tax Assets (Net) 110.45 0.19% 107.49
Other non-current assets 3,645.96 6.31% 3,500.69
Total non-current assets 14,846.66 25.71% 15,128.50

Current Assets
Inventories 32,905.13 56.98% 21,491.75
Financial Assets
Trade receivables 7,872.46 13.63% 11,960.21
Cash and cash equivalents 89.67 0.16% 713
Other Bank Balances 523.88 0.91% 586.33
Others 322.92 0.56% 353.95
Income Tax Assets (Net) -
Other current assets 1,185.72 2.05% 1,049.25
Total current assets 42,899.78 74.29% 36,154.49

Total Assets 57,746.44 100.00% 51,282.99

Equity

Equity Share capital 2,311.39 4.00% 2,311.39

Other Equity 19,880.47 34.43% 19,243.88
Money received against share
- 1,801.44
warrants
Total equity 22,191.86 38.43% 23,356.71

Liabilities
Non-current liabilities

Financial Liabilities
Borrowings 1,318.30 2.28% 1,756.96
Provisions 554.98 0.96% 588.82
Total non-current liabilities 1,873.28 3.24% 2,345.78

Current liabilities

Financial Liabilities
Borrowings
Total outstanding dues of micro 6,134.51 10.62% 4,780.70
Total outstanding dues of
enterprises and small 120.76 0.21% 7.48
creditors other than micro
enterprises 24,685.44 42.75% 17,900.60
enterprises and small
Others 1,446.06 2.50% 1,639.49
enterprises
Provisions 472.34 0.82% 571.54
Other current liabilities 822.19 1.42% 680.69
Total current liabilities 33,681.30 58.33% 25,580.50

Total Equity and Liabilities 57,746.44 100.00% 51,282.99

TRONICS
H, 2019 and 31st MARCH, 2018
31st March, 2018 31st March, 2017 31st March, 2016
Percentage Percentage Percentage
[in lakhs] [in lakhs] [in lakhs]

Assets

19.70% 10,579.90 19.50% 11,362.28 21.96% 12,406.24

61.21 0.11% 0.00%
0.07% 4.76 0.01% 6.09 0.01% 7.83
26.11 0.05% 26.1 0.05% -

0.76% 261.1 0.48% 221.43 0.43% -

- 125.00
1.94% 1,191.29 2.20% 1,292.51 2.50% 2,066.98
0.21% 93.03 0.17% 88.37 0.17% 64.71
6.83% 2,303.05 4.24% 1,845.81 3.57% 1,432.76
29.50% 14,520.45 26.76% 14,842.59 28.69% 16,103.52

41.91% 22,474.32 41.42% 20,573.05 39.77% 24,151.24

23.32% 13,410.36 24.72% 12,503.53 24.17% 12,419.07

1.39% 1,795.85 3.31% 1,496.16 2.89% 1,728.09
1.14% 617.99 1.14% 405.09 0.78% 173.46
0.69% 207.64 0.38% 498.83 0.96% 1,774.82
- 4.00
2.05% 1,228.96 2.27% 1,414.57 2.73% 1,223.68
70.50% 39,735.12 73.24% 36,891.23 71.31% 41,474.36

100.00% 54,255.57 100.00% 51,733.82 100.00% 57,577.88

Equity

4.51% 2,311.39 4.26% 2,119.39 4.10% 1,964.20

37.52% 19,627.37 36.18% 10,305.44 19.92% 10,252.52
3.51% 1,801.44 3.32% - 568.75
45.54% 23,740.20 43.76% 12,424.83 24.02% 12,785.47

Liabilities
 3.43% 287.5 0.53% 537.03 1.04% 709.71
1.15% 566.95 1.04% 418.55 0.81% 259.57
4.57% 854.45 1.57% 955.58 1.85% 969.28

9.32% 4,532.68 8.35% 15,978.67 30.89% 19,057.68

0.01% -
34.91% 21,619.11 39.85% 17,285.23 33.41% 20,408.85
3.20% 1,733.52 3.20% 2,162.96 4.18% 1,679.18
1.11% 721.55 1.33% 641.92 1.24% 377.86
1.33% 1,054.06 1.94% 2,284.63 4.42% 2,299.56
49.88% 29,660.92 54.67% 38,353.41 74.14% 43,823.13

100.00% 54,255.57 100.00% 51,733.82 100.00% 57,577.88

Percentage

21.55%
0.00%
0.01%

0.22%
3.59%
0.11%
2.49%
27.97%

41.95%

21.57%
3.00%
0.30%
3.08%
0.01%
2.13%
72.03%

100.00%

3.41%
17.81%
0.99%
22.21%
 1.23%
0.45%
1.68%

33.10%

35.45%
2.92%
0.66%
3.99%
76.11%

100.00%
 ONIDA ELECTRONICS
BALANCE SHEET as at 31st MARCH, 2019 and 31st MARCH, 2018
31st March, 2020 31st March, 2019 31st March, 2018
[in lakhs] [in lakhs] [in lakhs]

Assets

Non-Current Assets
Property, Plant and Equipment 9,525.81 10,100.64 10,579.90
-23.22% -18.58% -14.72%
Capital work-in-progress 29.5 - 61.21
-50.97% 0.00%
Other Intangible assets 29.14 34.68 4.76
241.34% 304.08% -34.77%
Intangible assets under
- - 26.11
development
0.04%

Financial Assets
Investments 432.52 388.73 261.1
94.90% 75.21% 17.83%
Loans -

Others 1,073.28 996.27 1,191.29

-48.05% -51.78% -42.35%

Income Tax Assets (Net) 110.45 107.49 93.03

69.61% 65.10% 43.10%
Other non-current assets 3,645.96 3,500.69 2,303.05
154.36% 144.23% 60.70%
Total non-current assets 14,846.66 15,128.50 14,520.45
-7.80% -6.05% -9.83%

Current Assets
Inventories 32,905.13 21,491.75 22,474.32
36.24% -11.01% -6.94%

Financial Assets
Trade receivables 7,872.46 11,960.21 13,410.36
-36.61% -3.69% 7.98%
Cash and cash equivalents 89.67 713 1,795.85
-94.76% -58.71% 3.92%
Other Bank Balances 523.88 586.33 617.99
200.86% 236.66% 254.80%
Others 322.92 353.95 207.64
-81.76% -80.01% -88.25%

Income Tax Assets (Net) -

Other current assets 1,185.72 1,049.25 1,228.96

-3.10% -14.24% 0.43%
Total current assets 42,899.78 36,154.49 39,735.12
3.44% -12.83% -4.19%

Total Assets 57,746.44 51,282.99 54,255.57

0.29% -10.93% -5.77%

Equity

Equity Share capital 2,311.39 2,311.39 2,311.39

17.67% 17.67% 17.67%
Other Equity 19,880.47 19,243.88 19,627.37
93.90% 87.69% 91.43%
Money received against share
- 1,801.44 1,801.44
warrants
216.36% 216.36%
Total equity 22,191.86 23,357.76 23,741.29
73.57% 82.68% 85.68%

Liabilities

Non-current liabilities

Financial Liabilities
Borrowings 1,318.30 1,756.96 287.5
85.63% 147.35% -59.41%

Provisions 554.98 588.82 566.95

113.37% 126.36% 117.96%
Total non-current liabilities 1,873.28 2,345.78 854.45
93.17% 141.87% -11.83%

Current liabilities

Financial Liabilities
Borrowings 6,134.51 4,780.70 4,532.68
Total outstanding dues of micro -67.81% -74.91% -76.21%
enterprises and small 120.76 7.48 -
enterprises
Total outstanding dues of
1335.85% 0.00%
creditors other than micro
24,685.44 17,900.60 21,619.11
enterprises and small
20.95% -12.29% 5.93%
enterprises
Others 1,446.06 1,639.49 1,733.52
-13.87% -2.36% 3.23%

Provisions 472.34 571.54 721.55

24.94% 51.12% 90.72%
Other current liabilities 822.19 680.69 1,054.06
-64.22% -70.37% -54.14%
Total current liabilities 33,681.30 25,580.50 29,660.92
-23.14% -41.63% -32.32%

Total Equity and Liabilities 57,746.44 51,284.04 54,256.66

0.29% -10.93% -5.77%
ARCH, 2018
31st March, 2017 31st March, 2016
[in lakhs] [in lakhs]

11,362.28 12,406.24
-8.41% 0.00%
- -

6.09 7.83
-19.71% 0.00%
26.1 -
0.00%

221.43 -
0.00%
- 125.00

1,292.51 2,066.98
-37.45% 0.00%

88.37 64.71
36.01% 0.00%
1,845.81 1,432.76
28.81% 0.00%
14,842.59 16,103.52
-7.83% 0.00%

20,573.05 24,151.24
-14.82% 0.00%

12,503.53 12,419.07
0.68% 0.00%
1,496.16 1,728.09
-13.41% 0.00%
405.09 173.46
132.77% 0.00%
 498.83 1,774.82
-71.85% 0.00%

- 4.00

1,414.57 1,223.68
15.59% 0.00%
36,891.23 41,474.36
-11.05% 0.00%

51,733.82 57,577.88
-10.15% 0.00%

2,119.39 1,964.20
7.90% 0.00%
10,305.44 10,252.52
0.52% 0.00%
- 568.75
0.00%
12,424.83 12,785.47
-2.82% 0.00%

537.03 709.71
-24.30% 0.00%

418.55 259.57
61.01% 0.00%
955.58 969.28
-1.41% 0.00%

15,978.67 19,057.68
-16.16% 0.00%
 17,285.23 20,408.85
-15.30% 0.00%
2,162.96 1,679.18
28.79% 0.00%

641.92 377.86
69.70% 0.00%
2,284.63 2,299.56
-0.65% 0.00%
38,353.41 43,823.13
-12.48% 0.00%

51,733.82 57,577.88
-10.15% 0.00%
 Year Current Asset Current Liability
2020 42,899.78 33,681.30
Current Ratio
2019 36,154.49 25580.5
2018 39,735.12 29,660.92

Year Current Asset Inventory

2020 42,899.78 32,905.13
Quick Ratio
2019 36,154.49 5,270.04
2018 39,735.12 6,410.72

Account recievables
Year Net credit sales
(Year)
Debtors Turnover 2020 60,431.37 7,872.46
Ratio 2019 64,445.50 11,960.21
2018 73,636.78 13,410.36

Account payables
Year Cost of sales
(Year)
Creditor Turnover 2020 45,745.98 24,806.20
Liquidity ratio
Ratio 2019 47,287.57 17,908.08
2018 52,123.09 21,619.11

Year Cost of Sales Inventory (Year)

2020 45,745.98 32,905.13
Inventory Turnover
2019 47,287.57 21,491.75
2018 52,123.09 22474.32

Year Total liabilities Total assets

Total-debt-to-total- 2020 35,554.58 57,746.44
assets 2019 27,926.28 51,282.99
2018 30,515.37 54,255.57

Stockholders'
Year Total liabilities
equity
Total-debt-to-total- 2020 35,554.58 22,191.86
equity 2019 27,926.28 23,356.71
2018 30,515.37 23,740.20
Earnings before
Year interest Interest expense
2020 expense and taxes
-2,344.84 1,197.87
Interest coverage
2019 -1,920.04 1,479.82
2018 939.90 1,409.35

Gross profit or
Year Sales
gross margin
Gross profit rate or
percentage
Gross profit rate or 2020 14,685.39 60,431.37
percentage 2019 17,157.93 64,445.50
2018 21,513.69 73,636.78

Year Net Income Sales

Return on sales or 2020 -1,146.97 60,431.37
profit margin 2019 -440.22 64,445.50
2018 2,349.25 73,636.78

Year Sales Total Assets (Year)

Total Assets 2020 60,431.37 57,746.44
Turnover 2019 64,445.50 39,655.18
2018 73,636.78 42,038.17
Common
Net income minus
Year stockholders' equity
Return on common preferred dividends
2020 -1,146.97 (Year)
22,191.86
stockholders'
equity 2019 -440.22 23,356.71
2018 2,349.25 23,740.20
Earnings before
Year interest Total Assets (Year)
2020 expense and
-2,344.84 taxes 57,746.44
Return on assets
2019 -1,920.04 39,655.18
2018 939.90 42,038.17
Earnings before
Year interest Sales
2020 expense and taxes
-2,344.84 60,431.37
EBIT to sales
2019 -1,920.04 64,445.50
2018 939.90 73,636.78
Common
Net income minus
Year shares outstanding
preferred dividends
Earnings per share, 2020 -1,146.97 (Year)
2,312.01
basic 2019 -440.22 2,312.01
2018 2,349.25

Year Share Price (High) Share Price (Low)

2020 8.80 3.94
Price-earnings
2019 24.75 21.30
2018 47.80 45.05

Year Total Shareholder Shares outstanding

2020 22,191.86 2,312.01
Book Value
2019 23,356.71 2,312.01
2018 23,740.20 2,312.01
 Year Face Value Book Value
2020 1.00 9.60
Values
2019 1.00 10.10
2018 1.00 10.27

Year Working Capital Retained Earnings

2020 9,218.48 -2,862.41
Altman's Z score
2019 10,573.99 -1,715.44
2018 10,074.20 -1,275.22
 Analysis
Current Ratio
(1.5 is good)
1.27 Average
1.41 Good
1.34 Good

Analysis (.75 to 1 is
Current Liability Quick Ratio
good)
33681.3 0.30 Not Good
25580.5 1.21 Average
29,660.92 1.12 Average

Account recievables Average account Debtors Turover

Analysis Days
(Previous Year) recievables Ratio
11960.21 9,916.34 6.09 59.89
13410.36 12,685.29 5.08 71.85
12503.53 12,956.95 5.68 64.22

Account payables Creditor Turover

Average creditors Analysis Days
(Previous Year) Ratio
17908.08 21,357.14 2.14 170.41
21619.11 19,763.60 2.39 152.55
17285.23 19,452.17 2.68 136.22

Inventory (Previous Analysis (more the

Average Inventory Inventory Turnover Days
Year) better)
21,491.75 27198.44 1.68 Not good 217.01
22474.32 21983.035 2.15 Not good 169.68
20,573.05 21523.685 2.42 Not good 150.72

Total-debt-to-total-
Analysis
assets
0.62
0.54
0.56

Total-debt-to-total-
Analysis
equity
1.60
1.20
1.29

Interest coverage Analysis

-1.96 Very low
-1.30 Very low
0.67 Low

Gross profit rate or

Analysis
percentage
 0.24
0.27
0.29

Return on sales or
Analysis
profit margin
-0.02
-0.01
0.03

Total Assets Average Total Total Assets

Analysis
(Previous Year) Assets Turnover
39,655.18 48700.81 1.24
42,038.17 40846.675 1.58
51,733.82 46885.995 1.57
Common
Average common
stockholders' equity ROE Analysis
stockholders' equity
(Previous Year)
23,356.71 22774.285 -0.050 Erroding wealth
23,740.20 23548.455 -0.02
12,424.83 18082.515 0.13

Total Assets
Average total assets ROA Analysis
(Previous Year)
39,655.18 48700.81 -0.048
42,038.17 40846.675 -0.05
51,733.82 46885.995 0.02

EBIT to sales Analysis

-0.039
-0.03
0.01
Common
Average common
shares outstanding Earnings per share Analysis
shares outstanding
(Previous Year)
2,312.01 2312.01 -0.50
2,312.01 2312.01 -0.19

Average common
Average Price-earnings Analysis
shares outstanding
6.37 -0.5 -12.74
23.025 -0.19 -121.18
46.43

Book Value Analysis

9.60
10.10
10.27
 Market Value Analysis
6.37
23.03
46.43

Earnings before Market value of Total

Sales Total Assets
interests and tax equity Liabilities
50.90 92.15 60,431.37 57,746.44 35,554.58
1,039.60 506.94 64,445.50 39,655.18 27,926.28
3,758.60 1,067.00 73,636.78 42,038.17 30,515.37
A (1.2) B (1.4) C (3.3) D (0.6) E (1.0) Z score
0.16 -0.050 0.001 0.0026 1.05 1.17
0.27 -0.043 0.026 0.0182 1.63 1.98
0.24 -0.030 0.089 0.0350 1.75 2.31
 Analysis
Bad
Risk
Less Risk
 ONIDA ELECTRONICS

Statement of Profit and Loss for the year ended 31st MARCH, 2019 and 31st MARCH,2018
31st March, 2020 31st March, 2019 [in 31st March, 2018 [in
[in lakhs] lakhs] lakhs]

Income
Revenue from operations 60,431.37 64,445.50 73,636.78
Other Income 254.81 363 472.22
Total Income 60,686.18 64,808.50 74,109.00
61,578.34 -1,146.97
Expenses
Cost of raw materials and components consumed 21,971.93 21,307.08 27,924.00
Purchases of Traded Goods 31,159.92 26,401.57 26,992.18
Changes in inventories of Finished Goods, Work-in-
-7,385.87 -421.08 -2,793.09
progress and Stock in Trade
Excise duty on sale of goods - 825.02
Employee benefits expense 6,076.90 6,774.37 7,027.34
Finance Cost 1,197.87 1,479.82 1,409.35
Depreciation and amortisation expense 661.35 826.87 946.57
Other Expenses 8,151.05 8,719.87 9,428.38
Total Expenses 61,833.15 65,088.50 71,759.75

Profit before exceptional items and tax -1,146.97 -280 2,349.25

Exceptional items - -160.22 -
Profit/(Loss) before tax -1,146.97 -440.22 2,349.25

Tax Expense
Current Tax - -
Deferred Tax - -
Total tax expense - -
Profit/(Loss) for the year -1,146.97 -440.22 2,349.25

Other Comprehensive Income

Items that will not be reclassified to Profit or Loss - -
Remeasurement of the defined benefit plans -17.88 56.73 -41.08
Total Other Comprehensive Income (net of tax) -17.88 56.73 -41.08

Total Comprehensive Income for the year (net of tax) -1,164.85 -383.49 2,308.17

Earnings per Equity Share [Face Value of share Rs1 each ]

Basic (Rs) -0.5 -0.19 1.08
Diluted (Rs) -0.5 -0.19 1.08
31st March, 2017 [in 31st March, 2016 [in
lakhs] lakhs]

74,758.81 77,198.10
57.51 325.98
74,816.32 77,524.08

20,908.45 27,905.93
28,479.07 28,442.00
4,266.11 1,359.55
- -
7,283.99 7,104.33
2,359.32 2,878.87
1,045.60 1,162.87
10,175.50 12,459.57
74,518.04 81,313.12

298.28 -3,789.04
866.11 469.7
-567.83 -3,319.34

- -618.05
-
- -618.05
-567.83 -2,701.29

- -
- -
- -

- -

-0.28 -1.38
- -
 ONIDA ELECTRONICS

Statement of Profit and Loss for the year ended 31st MARCH, 2019 and 31st MARCH,2018
31st March, 2020 31st March, 2019 [in
Percentage
[in lakhs] lakhs]

Income
Revenue from operations 60,431.37 100.00% 64,445.50
Other Income 254.81 0.42% 363
Total Income 60,686.18 100.42% 64,808.50

Expenses
Cost of raw materials and components consumed 21,971.93 36.36% 21,307.08
Purchases of Traded Goods 31,159.92 51.56% 26,401.57
Changes in inventories of Finished Goods, Work-in-
-7,385.87 -12.22% -421.08
progress and Stock in Trade
Excise duty on sale of goods - -
Employee benefits expense 6,076.90 10.06% 6,774.37
Finance Cost 1,197.87 1.98% 1,479.82
Depreciation and amortisation expense 661.35 1.09% 826.87
Other Expenses 8,151.05 13.49% 8,719.87
Total Expenses 61,833.15 102.32% 65,088.50

Profit before exceptional items and tax -1,146.97 -1.90% -280

Exceptional items - -160.22
Profit/(Loss) before tax -1,146.97 -1.90% -440.22

Tax Expense
Current Tax - -
Deferred Tax - -
Total tax expense - -
Profit/(Loss) for the year -1,146.97 -1.90% -440.22

Other Comprehensive Income

Items that will not be reclassified to Profit or Loss - -
Remeasurement of the defined benefit plans -17.88 -0.03% 56.73
Total Other Comprehensive Income (net of tax) -17.88 -0.03% 56.73

Total Comprehensive Income for the year (net of tax) -1,164.85 -1.93% -383.49
Earnings per Equity Share [Face Value of share Rs1
each ]
Basic (Rs) -0.5 0.00% -0.19
Diluted (Rs) -0.5 0.00% -0.19
st MARCH,2018
31st March, 2018 [in 31st March, 2017 [in 31st March, 2016 [in
Percentage Percentage Percentage
lakhs] lakhs] lakhs]

100.00% 73,636.78 100.00% 74,758.81 100.00% 77,198.10

0.56% 472.22 0.64% 57.51 0.08% 325.98
100.56% 74,109.00 100.64% 74,816.32 100.08% 77,524.08

33.06% 27,924.00 37.92% 20,908.45 27.97% 27,905.93

40.97% 26,992.18 36.66% 28,479.07 38.09% 28,442.00
-0.65% -2,793.09 -3.79% 4,266.11 5.71% 1,359.55
825.02 1.12% - -
10.51% 7,027.34 9.54% 7,283.99 9.74% 7,104.33
2.30% 1,409.35 1.91% 2,359.32 3.16% 2,878.87
1.28% 946.57 1.29% 1,045.60 1.40% 1,162.87
13.53% 9,428.38 12.80% 10,175.50 13.61% 12,459.57
101.00% 71,759.75 97.45% 74,518.04 99.68% 81,313.12

-0.43% 2,349.25 3.19% 298.28 0.40% -3,789.04

-0.25% - 866.11 1.16% 469.7
-0.68% 2,349.25 3.19% -567.83 -0.76% -3,319.34

- - -618.05
- - -
- - -618.05
-0.68% 2,349.25 3.19% -567.83 -0.76% -2,701.29

- - -
0.09% -41.08 -0.06% - -
0.09% -41.08 -0.06% - -

-0.60% 2,308.17 3.13% - -

0.00% 1.08 0.00% -0.28 0.00% -1.38

0.00% 1.08 0.00% - -
31st March, 2016 [in lakhs]

100.00%
0.42%
100.42%

36.15%
36.84%
1.76%

9.20%
3.73%
1.51%
16.14%
105.33%

-4.91%
0.61%
-4.30%

-0.80%

-0.80%
-3.50%

0.00%
 ONIDA ELECTRONICS

Statement of Profit and Loss for the year ended 31st MARCH, 2019 and 31st MARCH,2018
31st March, 2020 31st March, 2019 [in 31st March, 2018 [in
[in lakhs] lakhs] lakhs]

Income
Revenue from operations 60,431.37 64,445.50 73,636.78
-21.72% -16.52% -4.61%
Other Income 254.81 363 472.22
-21.77% 11.32% 44.72%
Total Income 60,686.18 64,808.33 74,108.95
-21.72% -16.40% -4.41%
Expenses
Cost of raw materials and components consumed 21,971.93 21,307.08 27,924.00
-21.26% -23.65% 0.06%
Purchases of Traded Goods 31,159.92 26,401.57 26,992.18
9.56% -7.17% -5.10%
Changes in inventories of Finished Goods, Work-in-
-7,385.87 -421.08 -2,793.09
progress and Stock in Trade
-642.79% -130.88% -305.22%
Excise duty on sale of goods - 825.02

Employee benefits expense 6,076.90 6,774.37 7,027.34

-14.46% -4.64% -1.08%
Finance Cost 1,197.87 1,479.82 1,409.35
-58.37% -48.58% -51.03%
Depreciation and amortisation expense 661.35 826.87 946.57
-43.09% -28.87% -18.58%
Other Expenses 8,151.05 8,719.87 9,428.38
-34.58% -30.01% -24.33%
Total Expenses 61,833.15 65,086.06 71,755.94
-23.96% -19.96% -11.75%
Profit before exceptional items and tax -1,146.97 -280 2,349.25
-69.75% -92.63% -162.04%
Exceptional items - -160.22 -
-133.83%
Profit/(Loss) before tax -1,146.97 -441.146347134666 2,347.63
-65.47% -86.74% -170.78%
Tax Expense
Current Tax - -
Deferred Tax - -
Total tax expense - -
Profit/(Loss) for the year -1,146.97 -440.22 2,349.25
-57.56% -83.73% -187.04%
Other Comprehensive Income
Items that will not be reclassified to Profit or Loss - -
Remeasurement of the defined benefit plans -17.88 56.73 -41.08
-57.88% -244.04% 0.00%
Total Other Comprehensive Income (net of tax) -17.88 56.73 -41.08
-57.88% -244.04% 0.00%
Total Comprehensive Income for the year (net of tax) -1,164.85 -383.49 2,308.17
-150.40% -116.56% 0.00%
Earnings per Equity Share [Face Value of share Rs1 each ]
Basic (Rs) -0.5 -0.19 1.08
-231.58% -313.16% -647.37%
Diluted (Rs) -0.5 -0.19 1.08
-75.96% -61.06% 0.00%
31st March, 2017 [in 31st March, 2016 [in
lakhs] lakhs]

74,758.81 77,198.10
-3.16% 0.00%
57.51 325.98
-82.11% 0.00%
74,816.32 77,524.08
-3.49% 0.00%

20,908.45 27,905.93
-25.07% 0.00%
28,479.07 28,442.00
0.13% 0.00%
4,266.11 1,359.55
213.63% 0.00%
- -

7,283.99 7,104.33
2.53% 0.00%
2,359.32 2,878.87
-18.04% 0.00%
1,045.60 1,162.87
-10.08% 0.00%
10,175.50 12,459.57
-18.33% 0.00%
74,518.04 81,313.12
-8.36% 0.00%
298.28 -3,789.04
-107.90% 0.00%
866.11 469.7
84.22% 0.00%
-567.83 -3,319.34
-82.92% 0.00%

- -618.05
-
- -618.05
-567.83 -2,701.29
-79.01% 0.00%

- -
- -

- -

- -

-0.28 -1.38
-289.47% 0.00%
- -
 ONIDA ELECTRONICS

Disclousre of Property, Plant and Equipment (In Lakhs)

Leasehold Machinery Furniture Office Motor R&D-
Particulars Freehold land Buildings
land and Electrical and Fixtures Equipment's Vehicles Building

Cost

As at 1st April,
589.41 1,776.68 10,684.17 24,322.74 748.66 545.96 277.49 157.08
2017

Additions - - - 139.39 0.16 8.42 83.41 -

Disposals - - -
As at 31st March,
589.41 1,776.68 10,684.17 20,744.50 748.60 553.29 274.80 157.08
2018

Additions - - 127.73 254.75 12.53 50.99 - -

Disposals 38.04 - 72.99 1,600.30 - - 4.43 -
As at 31st March,
551.37 1,776.68 10,738.91 19,398.95 761.13 604.28 270.37 157.08
2019

Depreciation

As at 1st April,
135.59 - 4,930.04 21,331.88 673.76 494.22 203.17 104.31
2017
Charge for the
7.05 - 305.4 554.54 11.9 16.66 28.65 1.1
year
Disposals - - - 3,661.12 0.22 1.03 74.15 -
As at 31st March,
142.64 - 5,235.44 18,225.30 685.44 509.85 157.67 105.41
2018
Charge for the
6.93 - 305.6 436.8 10.71 12.53 32.86 1.1
year
Disposals 6.04 - 32.61 1,573.45 - - 4.21 -
As at 31st March,
143.53 - 5,508.43 17,088.65 696.15 522.38 186.32 106.51
2019

Net Block
As at 31st March,
446.77 1,776.68 5,448.73 2,519.20 63.16 43.44 117.13 51.67
2018
As at 31st March,
407.84 1,776.68 5,230.48 2,310.30 64.98 81.90 84.05 50.57
2019
 and R&D- R&D
Machinery Furniture - Office TOTAL
and Electrical and Fixture Equipment

663.05 87.30 47.87 39,900.41

- - - 231.38

663.05 87.05 47.87 36,326.50

- - - 446
- - 2.36 1,718.12
663.05 87.05 45.51 35,054.38

545.00 81.60 38.56 28,538.13

17.42 1.06 1.46 945.24

- 0.25 - 3,736.77
562.42 82.41 40.02 25,746.60

17.08 0.62 1.46 825.69

- - 2.24 1,618.55
579.50 83.03 39.24 24,953.74
100.63 4.64 7.85 10,579.90
83.55 4.02 6.27 10,100.64
 ONIDA ELECTRONICS

Intangible Assets (In Lakhs)

Particulars R & D Software Other Software

Cost

As at 1st April, 2017 66.92 -

Additions - -
Disposals - -
As at 31st March, 2018 66.92 -

Additions - 31.1
Disposals - -
As at 31st March, 2019 66.92 31.10

Depreciation

As at 1st April, 2017 60.83 -

Charge for the year 1.33 -

Disposals - -
As at 31st March, 2018 62.16 -

Charge for the year 1.17 0.01

Disposals - -
As at 31st March, 2019 63.33 0.01
Net Block

As at 31st March, 2018 4.76 -

As at 31st March, 2019 3.59 31.09
TOTAL

66.92

-
-
66.92

31.1
-
98.02

60.83

1.33
-
62.16

1.18
-
63.34
 4.76
34.68
 Assets Liabilities Sales
Samsung India Electronics (SIEL) 7,217,775 3,603,106 2,560,825
Profit (loss)
for the period
168,213