Bootes Impex Tech Limited

Bootes Impex Tech Limited Consolidated Cash Flow Statement (Rs in Hundreds)

 Here is a summary of the Cash Flow Statement for the years 2024 and 2023:

Cash Flow from Operating Activities:

The company reported a net profit before tax of ₹11,42,829 (hundreds) in 2024, a significant increase from ₹34,668 in the previous year. This sharp rise indicates strong operational performance. Adjustments were made for non-cash expenses like depreciation of ₹16,763 and interest and finance charges of ₹1,341, adding back to the profit, while the interest income of ₹1,762 was deducted.

Despite this robust profit, changes in working capital had a significant negative impact on cash flow. There was a large increase in trade and other receivables by ₹13,63,479, signaling that the company is facing delays in collecting payments or has extended credit to customers. Other receivables also increased by ₹1,12,990, and loans and advances rose by ₹3,34,301, further straining cash flow. Although current liabilities increased by ₹2,28,194, the net working capital changes resulted in a significant cash outflow of ₹15,82,576.

As a result, cash generated from operations showed a negative cash flow of ₹4,23,405, compared to a positive inflow of ₹22,616 in the previous year. After accounting for tax payments of ₹9,129.55, the net cash flow from operating activities was ₹-4,32,535, reflecting a substantial outflow due to working capital changes, despite higher profits.

Cash Flow from Investing Activities:

In the investing section, the company made a purchase of fixed assets totaling ₹60,820, which represents capital investments likely aimed at future growth. The only inflow from investing activities was interest income of ₹1,762, which slightly offset the outflow.

Thus, the net cash flow from investing activities amounted to a negative ₹59,258, indicating ongoing investments in fixed assets, but with no significant inflows to balance this spending.

Cash Flow from Financing Activities:

The financing activities had a significant positive contribution to cash flow. The company raised ₹59,631.90 through share capital and a substantial ₹9,35,842.83 in share premium, which provided major inflows of cash. Additionally, the company took on a long-term loan of ₹29,811, although there was a repayment of short-term loans amounting to ₹74,584. After accounting for interest and finance charges of ₹1,341, the net cash flow from financing activities was a strong ₹9,49,360, a major improvement compared to the outflow of ₹7,001 in the prior year.

Net Increase/Decrease in Cash and Cash Equivalents:

Due to the large inflows from financing activities, the company experienced a net increase in cash and cash equivalents of ₹4,57,767, a sharp rise from the ₹1,695 increase seen in the previous year. This significant boost helped strengthen the company 's liquidity, allowing it to end the year with ₹4,62,748 in cash and cash equivalents, compared to ₹4,980 at the beginning of the year.