Liquidity Ratio

Current Assets Rs in '000

Stores, spares and loose tools 251,828
Stock-in-trade 18,054,537
Trade debts 503,759
Loans and advances 119,838
Trade deposits and short term prepayments 1,542,541
Current portion of long-term installment sales receivables 1,245,058
Other receivables 616,909
Taxation - net 3,327,472
Sales tax and excise duty adjustable 2,237,284
Cash and bank balances 17,818,607
Total Current Assets 45,717,833

Current liabilities
Trade and other payables 13,753,833
Lease liabilities 38,444
Short-term finance 12,621,368
Advance from customers 9,877,544
Security deposits 3,807,074
Provision for custom duties and sales tax 1,866,774
Unclaimed dividend 18,944
Total Current Liabilities 41,983,981
Liquidity Ratio

Liquidity Ratio= Current Assets/Current Liabilities

Liquidity Ratio 1.08893515838815

Quick Ratio (Acid Test Ratio)= (Current Assets-Inventories-Prepaid Assets)/Current Liabilities

Quick Ratio (Acid Test Ratio) 1.04334141157314
 Profitability Ratios
Rs in Millions Rs in Millions
Gross Profit 3,302
Net Sales 76,720
Net Profit -1,589
Gross Profit Margin 4.30396246 Net Profit Margin -2.07116788

Operating Profit -163 Total Assets 66,704

Operating Profit Margin -0.2124609 Return on Assets -2
 Rs in Millions

Shareholders Equity 24,349

Return on Equity -6.52594
 Vertical Co
Income Statement
2020 % 2019 %
Sales 76,720 100 116,548 100
CGS -73,419 -95.7 -114,563 -98.3
Gross Profit 3,302 4.3 1,985 1.7
Distribution and selling costs -1,640 -2.14 -2,539 -2.18
Administrative expenses -1,791 -2.33 -2,551 -2.19
Reversal of impairment losses -34 -0.04 23 0.02
Other expenses -15 -0.02 - -
Other income 704 0.92 223 0.19
Operating profit -163 -0.21 -3,083 -2.65
Share of loss of equity accounted
investee -48 -0.06 -3 0
Finance cost -2,665 -3.47 -2,088 -1.79
Profit before taxation -2,186 -2.85 -4,952 -4.25
Taxation 596 0.78 2,031 1.74
Profit after taxation -1,589 -2.07 -2,920 -2.51
Vertical Common Size

2018 %
119,854 100
-112,809 -94.12
7,045 5.88
-2,707 -2.26
-2,301 -1.92
22 0.02
-154 -0.13
566 0.47
2,449 2.04

-3 0
-363 -0.3
2,083 1.74
-785 -0.65
1,298 1.08
 Balance Sheet
2020 % 2019
Assets
Fixed assets 13,285 19.9 16,031
Right-of-use assets 124 0.2 145
Long-term investments 278 0.4 326
Long-term loans 5 0 4
Long-term deposits, prepayments and other receivables 465 0.7 378
Long-term installment sales receivables 486 0.7 272
Deferred taxation - net 6,343 9.5 2,359
Stores, spares and loose tools 252 0.4 260

Stock-in-trade 18,054 27.1 37,517

Trade debts 504 0.8 691
Current portion of long-term installment sales receivables 1,245 1.9 799
Loans and advances 120 0.2 55
Trade deposits and short term prepayments 1,543 2.3 279
Other receivables 617 0.9 349
Sales tax and excise duty adjustable 2,237 3.4 7,701
Taxation - net 3,327 5 7,226
Cash and bank balances 17,819 26.7 3,268

Total Assets 66,704 100 77,660

Equity and Liabilities

Share capital 823 1.2 823
Reserves 23,526 35.3 25,128
Total Equity 24,349 36.5 25,951
Trade and other payables 13,805 20.7 12,887
Advances 9,877 14.8 1,497
Short-term finance 12,621 18.9 32,411
Security deposits 4,029 6 4,164
Unclaimed dividend 19 0.03 19
Lease liability 136 0.2 148
Provision for custom duties and
sales tax 1,868 2.8 583
Total Equity And Liabilities 66,704 100 77,660
% 2018 %

20.6 15,768 25.6

0 - 0
0.4 329 0.5
0 4 0
0.5 456 0.7
0.4 118 0.2
3 1,152 1.9
0.3 147 0.2

48.3 29,397 47.8

0.9 238 0.4
1 550 0.9
0.1 41 0.1
0.4 1,357 2.2
0.4 - 0
9.9 4,370 7.1
9.3 5,798 9.4
4.2 1,516 2.5

100 61,510 100

1.1 823 1.3

32.4 28,410 46.2
33.4 29,233 47.5
16.6 14,411 23.4
1.9 2,276 3.7
41.7 11,311 18.4
5.4 4,222 6.9
0.02 22 0.04
0.2 - 0

0.8 35 0.1
100 61,510 100