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Growth in %
-25.47%
1 Year
-10.77%
3 Year
-22.82%
4 Year
Growth in %
8.84%
1 Year
-21.54%
2 Year
-3.85%
4 Year
Due to a reduction in operating expenditures of 41% and a reduction in depreciation of 21% y-o-y in FY21 compared to FY20, the company's net loss dropped by 10% y-o-y in FY21. Because of the nationwide lockout, the firm didn't buy enough raw materials, which is evident from the fact that their COGS also fell.
Growth in %
8.84%
1 Year
1.04%
2 Year
11.49%
4 Year
EPS of the company has fluctuated as per the net income of the company
Growth in %
27.35%
1 Year
3.12%
2 Year
7.34%
4 Year
Growth in %
20.58%
1 Year
-3.13%
3 Year
-8.73%
4 Year
The company's EBITDA has increased by 21% y-o-y in FY21 compared to the previous financial years, although it is still negative. The operating costs of the company have lowered, particularly the advertising and freight and clearance costs.
Growth in %
20.60%
1 Year
-36.72%
2 Year
-7.90%
4 Year
Growth in %
6.15%
1 Year
10.08%
2 Year
4.47%
4 Year
In FY21, the company's total assets grew by 6% y-o-y in FY21. The company's receivables climbed by about Rs.252 Cr. or about 39% y-o-y, while its current financial assets increased by about Rs.114 Cr. or about 64% y-o-y.
The debt of the company has increased around Rs 360 Cr. y-o-y in FY21 but the number of shares increased around 20.5 Cr. which impacted the DE ratio of the company.
The company's current ratio increased by 55% y-o-y in FY21 compared to FY20. In FY21, the company's current assets rose by 8%. Due to the nationwide lockdown, dealers are only dealing in credit, and cash inflow reduced, which had a significant influence on the ratio and raised the company's total receivables by 39%.
The company's quick ratio has risen 54% y-o-y in FY21. The firm's rising trade receivables are the primary cause of the ratio's growth; at present, the company reports that its receivable days ratio is 249, which is extremely high by industry standards.
Operating efficiency of the company has declined in FY21 over FY20 because of the net loss of the company which company has faced over the years.
Profitability ratio of the company has improved because of the decrease in loss of around 9% y-o-y in FY21.
Because of the losses experienced in past financial years, the company's ROE has dropped dramatically. In FY21 it improved because of the increase in equity of the company but it is extremely low as per the industry standard, As per Du point analysis the company's net loss has climbed dramatically, the net margin of the company has increased more then 20% negatively and the equity multiplier of the company decreased 1.4 times both of which have had an impact on the ROE. The corporation will be unable to give enough returns to its stockholders.
The total assets of the company has increased 6% y-o-y in FY21, however due to the losses, ROA of the company has decreased.