Balkrishna Paper Mills Limited (NSE:BALKRISHNA) Annual Report 2022

The latest annual report of Balkrishna Paper Mills Limited (BALKRISHNA) was published on 31 Mar 2022. 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 - BALKRISHNA Annual Results

^{Amounts in INR}

Total Revenue

2.42B

Gross Profit

475.13M

EBIT

-118.08M

Net Tangible Assets

-985.13M

Net Income

-46.88M

Capital Expenditures

-6.65M

BALKRISHNA Income Statement 2022 Annual Report

As per the latest Income Statement of BALKRISHNA, the Net revenue increased by ₹1.159155B (92%) compared to the previous period. The operating income in 2022 increased by ₹37.24M (24%). The net income as per the annual report was -46.88M which increased by ₹211.61M (82%) compared to previous year.

Income Statement Report (2022/2021)

	2022	2021
Total Revenue	2.42B	1.26B
Gross Profit	475.13M	454.79M
Operating Income	-118.08M	-155.32M
Income Before Tax	-45.07M	-256.59M
Net Income	-46.88M	-258.48M

Balance Sheet - BALKRISHNA 2022 Annual Report

Read further: BALKRISHNA Balance Sheet Detailed Analysis

The latest balance sheet from annual result of Balkrishna Paper Mills Limited showed the company reduced the cash on balance sheet by ₹-311.31M (-99%). The Net tangible assets of BALKRISHNA on the balance sheet were at -985.13M which is ₹-47.24M (-5%) less than previous annual report. The total stockholder equity also decreased by ₹-47.33M (-5%) compared to previous reporting period.

Balance Sheet Statement Report (2022/2021)

	2022	2021
Cash	1.62M	312.94M
Total Assets	1.87B	2.15B
Long Term Debt	1.63B	1.26B
Total Liabilities	2.86B	3.08B
Total Shareholder Equity	-985.13M	-937.81M
Net Tangible Assets	-985.13M	-937.9M

Cash Flow Statement - BALKRISHNA 2022 Annual Report

The 2022 annual cash flow statement of Balkrishna Paper Mills Limited showed that the net income increased by ₹211.61M (82%) compared to previous reporting period. Also the capital expenditure of BALKRISHNA decreased by ₹-4.02M (-153%).

As of 2022, the total cash from investing activities was 185.28M and total cash from financing activities was 47.76M.

Cash Flow Statement Report (2022/2021)

	2022	2021
Net Income	-46.88M	-258.48M
Capital Expenditures	-6.65M	-2.63M
Dividends Paid	-	-
Total Cash From From Investing Activities	185.28M	-2.1M
Total Cash From From Financing Activities	47.76M	78.34M

Balkrishna Paper Mills Limited Annual Report History

Income Statement

Income Statement history of Balkrishna Paper Mills Limited (NSE:BALKRISHNA)

	31 Mar 2022	31 Mar 2021	31 Mar 2020	31 Mar 2019
Total Revenue	2.42B	1.26B	1.96B	2.14B
Cost Of Revenue	1.95B	809.82M	1.2B	1.43B
Gross Profit	475.13M	454.79M	763.81M	718.39M
Research Development	-	-	-	-
Selling General Administrative	111.79M	93.54M	123.74M	145.34M
Non Recurring	-	-	-	-
Other Operating Expenses	419.69M	453.28M	767.54M	791.15M
Total Operating Expenses	2.54B	1.42B	2.15B	2.43B
Operating Income	-118.08M	-155.32M	-193.63M	-284.14M
Total Other Income Expense Net	73.01M	-101.27M	-133.39M	-152.25M
Ebit	-118.08M	-155.32M	-193.63M	-284.14M
Interest Expense	-84.59M	-116.62M	-99.47M	-124.5M
Income Before Tax	-45.07M	-256.59M	-327.02M	-436.39M
Income Tax Expense	1.81M	1.89M	18.58M	-14M
Minority Interest	-	-	-	-
Net Income From Continuing Ops	-46.88M	-258.48M	-345.6M	-422.39M
Discontinued Operations	-	-	-	-
Extraordinary Items	-	-	-	-
Effect Of Accounting Charges	-	-	-	-
Other Items	-	-	-	-
Net Income	-46.88M	-258.48M	-345.6M	-422.39M
Net Income Applicable To Common Shares	-46.88M	-258.48M	-345.6M	-422.39M

Balance Sheet Statement

Balance Sheet Statement history of Balkrishna Paper Mills Limited (NSE:BALKRISHNA)

	31 Mar 2022	31 Mar 2021	31 Mar 2020	31 Mar 2019
Cash	1.62M	312.94M	1.1M	1.25M
Net Receivables	60.11M	154.05M	154.37M	206.39M
Inventory	400.13M	226.89M	261.47M	281.78M
Other Current Assets	114.47M	33.07M	55.93M	13.55M
Total Current Assets	576.33M	732.9M	478.24M	507.83M
Property Plant Equipment	1.28B	1.4B	1.46B	1.52B
Other Assets	12.7M	10.24M	16.76M	44.97M
Total Assets	1.87B	2.15B	1.96B	2.08B
Accounts Payable	409.58M	485.8M	528.75M	634.41M
Other Current Liab	59.7M	344.43M	52.77M	30.21M
Long Term Debt	1.63B	1.26B	1.45B	971.85M
Other Liab	330.7M	305.26M	276.12M	265.83M
Total Current Liabilities	898.61M	1.52B	915.59M	1.17B
Total Liab	2.86B	3.08B	2.64B	2.41B
Common Stock	107.4M	107.4M	107.4M	107.4M
Treasury Stock	-1.09B	508.08M	507.98M	509.28M
Other Stockholder Equity	-1.09B	508.08M	507.98M	509.28M
Total Stockholder Equity	-985.13M	-937.81M	-679.43M	-332.53M
Net Tangible Assets	-985.13M	-937.9M	-679.85M	-333.51M

Cash Flow Statement

Cash Flow Statement history of Balkrishna Paper Mills Limited (NSE:BALKRISHNA)

	31 Mar 2022	31 Mar 2021	31 Mar 2020	31 Mar 2019
Net Income	-46.88M	-258.48M	-345.6M	-422.39M
Depreciation	61.73M	63.01M	65.65M	65.42M
Change To Netincome	-52.73M	116.52M	201.68M	146.07M
Change To Account Receivables	25.56M	26.75M	31.35M	154.4M
Change To Liabilities	-359.8M	252.89M	-115.62M	44.58M
Change To Inventory	-173.24M	34.58M	20.32M	-23.6M
Total Cash From Operating Activities	-545.35M	235.59M	-141.67M	-34.85M
Capital Expenditures	-6.65M	-2.63M	-4.04M	-24.9M
Other Cashflows From Investing Activities	133k	108k	2M	2M
Total Cashflows From Investing Activities	185.28M	-2.1M	-1.89M	-23.97M
Net Borrowings	127.39M	173.24M	263.88M	164.14M
Other Cashflows From Financing Activities	-79.63M	-94.9M	-120.47M	-105.02M
Total Cash From Financing Activities	47.76M	78.34M	143.41M	59.12M
Change In Cash	-312.31M	311.83M	-149k	298k
Dividends Paid	-	-	-	-