ABB India Limited (NSE:ABB) Annual Report 2021



The latest annual report of ABB India Limited (ABB) was published on 31 Dec 2021. An annual report is a document that public corporations must provide annually to shareholders that describes their operations and financial conditions. Typically, an annual report will contain sections such as General corporate information, Operating and Financial highlights, Letter to shareholders from the CEO, Financial statements etc.

Key Statistics - ABB Annual Results

Amounts in INR

Total Revenue
69.34B
Gross Profit
22.72B
EBIT
4.56B
Net Tangible Assets
40.27B
Net Income
5.2B
Capital Expenditures
-1.72B

ABB Income Statement 2021 Annual Report

As per the latest Income Statement of ABB, the Net revenue increased by ₹11.1305B (19%) compared to the previous period. The operating income in 2021 increased by ₹2.9146B (177%). The net income as per the annual report was 5.2B which increased by ₹3.0049B (137%) compared to previous year.

Income Statement Report (2021/2020)

20212020
Total Revenue69.34B58.21B
Gross Profit22.72B19.22B
Operating Income4.56B1.64B
Income Before Tax7.24B3.04B
Net Income5.2B2.19B

Balance Sheet - ABB 2021 Annual Report

Read further: ABB Balance Sheet Detailed Analysis

The latest balance sheet from annual result of ABB India Limited showed the company reduced the cash on balance sheet by ₹-14.8581B (-67%). The Net tangible assets of ABB on the balance sheet were at 40.27B which is ₹4.3989B (12%) more than previous annual report. The total stockholder equity also increased by ₹4.3881B (12%) compared to previous reporting period.

Balance Sheet Statement Report (2021/2020)

20212020
Cash7.18B22.04B
Total Assets80.73B 75.91B
Long Term Debt--
Total Liabilities40.28B 39.84B
Total Shareholder Equity40.45B36.06B
Net Tangible Assets40.27B35.87B

Cash Flow Statement - ABB 2021 Annual Report

The 2021 annual cash flow statement of ABB India Limited showed that the net income increased by ₹3.0049B (137%) compared to previous reporting period. Also the capital expenditure of ABB decreased by ₹-509.00M (-42%).

As of 2021, the total cash from investing activities was -20.08B and total cash from financing activities was -1.27B.

Cash Flow Statement Report (2021/2020)

20212020
Net Income5.2B2.19B
Capital Expenditures-1.72B-1.21B
Dividends Paid-1.06B-1.02B
Total Cash From From Investing Activities-20.08B4.42B
Total Cash From From Financing Activities-1.27B-1.52B

ABB India Limited Annual Report History

Income Statement

Income Statement history of ABB India Limited (NSE:ABB)

31 Dec 202131 Dec 202031 Dec 201931 Dec 2018
Total Revenue69.34B58.21B73.15B67.01B
Cost Of Revenue46.62B38.99B48.9B45.42B
Gross Profit22.72B19.22B24.25B21.59B
Research Development----
Selling General Administrative6.1B5.71B6.11B5.63B
Non Recurring----
Other Operating Expenses11.04B10.66B12.41B10.81B
Total Operating Expenses64.78B56.57B68.32B62.79B
Operating Income4.56B1.64B4.83B4.22B
Total Other Income Expense Net2.68B1.4B-388.7M-266.2M
Ebit4.56B1.64B4.83B4.22B
Interest Expense-91M-101.8M-103.3M-427.6M
Income Before Tax7.24B3.04B4.44B3.95B
Income Tax Expense1.92B739.3M1.42B1.41B
Minority Interest----
Net Income From Continuing Ops5.32B2.3B3.02B2.54B
Discontinued Operations-127.8M-112.2M11.7M2.57B
Extraordinary Items----
Effect Of Accounting Charges----
Other Items----
Net Income5.2B2.19B3.03B5.11B
Net Income Applicable To Common Shares5.2B2.19B3.03B5.11B

Balance Sheet Statement

Balance Sheet Statement history of ABB India Limited (NSE:ABB)

31 Dec 202131 Dec 202031 Dec 201931 Dec 2018
Cash7.18B22.04B15.95B14.72B
Short Term Investments19.67B800k800k800k
Net Receivables26.84B27.93B31.8B20.31B
Inventory10.09B8.41B8.62B9.28B
Other Current Assets2.29B2.16B7.38B30.69B
Total Current Assets66.35B60.84B63.98B75.25B
Property Plant Equipment8.75B8.38B7.79B9.54B
Good Will146.2M146.2M146.2M146.2M
Intangible Assets40.5M51.3M72.7M72.2M
Other Assets5.43B6.49B5.01B5.75B
Deferred Long Term Asset Charges938.6M1.17B1.1B1.15B
Total Assets80.73B75.91B77.01B90.77B
Accounts Payable19.61B17.21B19.02B18.75B
Other Current Liab14.2B16.54B20.12B30.05B
Other Liab52.3M52.7M485.3M357.8M
Total Current Liabilities40.04B39.34B41.25B50.32B
Total Liab40.28B39.84B41.81B50.7B
Common Stock423.8M423.8M423.8M423.8M
Retained Earnings39.51B35.12B34.26B38.96B
Treasury Stock84.9M84.9M84.9M86.7M
Capital Surplus432.8M432.8M432.8M600M
Other Stockholder Equity84.9M84.9M84.9M86.7M
Total Stockholder Equity40.45B36.06B35.2B40.07B
Net Tangible Assets40.27B35.87B34.98B39.85B
Long Term Debt----

Cash Flow Statement

Cash Flow Statement history of ABB India Limited (NSE:ABB)

31 Dec 202131 Dec 202031 Dec 201931 Dec 2018
Net Income5.2B2.19B3.03B5.11B
Depreciation1.01B1.19B886.8M927.6M
Change To Netincome-747M-84.1M-179.5M1.92B
Change To Account Receivables-2.45B3.07B-5.45B-6.46B
Change To Liabilities2.99B-2.72B934.6M4.84B
Change To Inventory-1.82B-535.3M-810.4M-1.98B
Change To Operating Activities2.3B55.4M8.17B1.97B
Total Cash From Operating Activities6.49B3.18B6.6B6.32B
Capital Expenditures-1.72B-1.21B-1.37B-2.44B
Investments-19.67B-19.67B900k2.83B
Other Cashflows From Investing Activities503.1M4.11B-2.69B631.9M
Total Cashflows From Investing Activities-20.08B4.42B-3.91B1.44B
Dividends Paid-1.06B-1.02B-1.02B-932.4M
Net Borrowings-101.8M-336.6M50.3M-6.01B
Other Cashflows From Financing Activities-107M-168.7M-500.3M-990.2M
Total Cash From Financing Activities-1.27B-1.52B-1.47B-7.94B
Effect Of Exchange Rate-3.5M6.3M-2M12.7M
Change In Cash-14.86B6.09B1.23B-167.9M