SORIL Infra Resources Limited (NSE:SORILINFRA) Annual Report 2022



The latest annual report of SORIL Infra Resources Limited (SORILINFRA) 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 - SORILINFRA Annual Results

Amounts in INR

Total Revenue
1.59B
Gross Profit
532.6M
EBIT
-158.1M
Net Tangible Assets
2.64B
Net Income
62M
Capital Expenditures
-36.4M

SORILINFRA Income Statement 2022 Annual Report

As per the latest Income Statement of SORILINFRA, the Net revenue decreased by ₹-88.40M (-5%) compared to the previous period. The operating income in 2022 decreased by ₹-278.10M (-232%). The net income as per the annual report was 62M which decreased by ₹-131.50M (-68%) compared to previous year.

Income Statement Report (2022/2021)

20222021
Total Revenue1.59B1.68B
Gross Profit532.6M793.7M
Operating Income-158.1M120M
Income Before Tax84.9M237.2M
Net Income62M193.5M

Balance Sheet - SORILINFRA 2022 Annual Report

Read further: SORILINFRA Balance Sheet Detailed Analysis

The latest balance sheet from annual result of SORIL Infra Resources Limited showed the company reduced the cash on balance sheet by ₹-169.60M (-74%). The Net tangible assets of SORILINFRA on the balance sheet were at 2.64B which is ₹80.80M (3%) more than previous annual report. The total stockholder equity also increased by ₹66.80M (3%) compared to previous reporting period.

Balance Sheet Statement Report (2022/2021)

20222021
Cash61M230.6M
Total Assets6.76B 6.89B
Long Term Debt561.8M679.7M
Total Liabilities4.08B 4.28B
Total Shareholder Equity2.68B2.61B
Net Tangible Assets2.64B2.56B

Cash Flow Statement - SORILINFRA 2022 Annual Report

The 2022 annual cash flow statement of SORIL Infra Resources Limited showed that the net income decreased by ₹-131.50M (-68%) compared to previous reporting period. Also the capital expenditure of SORILINFRA decreased by ₹-13.40M (-58%).

As of 2022, the total cash from investing activities was -764.3M and total cash from financing activities was -213.2M.

Cash Flow Statement Report (2022/2021)

20222021
Net Income62M193.5M
Capital Expenditures-36.4M-23M
Dividends Paid--
Total Cash From From Investing Activities-764.3M-1.27B
Total Cash From From Financing Activities-213.2M250.9M

SORIL Infra Resources Limited Annual Report History

Income Statement

Income Statement history of SORIL Infra Resources Limited (NSE:SORILINFRA)

31 Mar 202231 Mar 202131 Mar 202031 Mar 2019
Total Revenue1.59B1.68B2.12B1.51B
Cost Of Revenue1.06B887.6M1.12B755.6M
Gross Profit532.6M793.7M1.01B749.8M
Research Development----
Selling General Administrative328.3M354.3M568.6M433.7M
Non Recurring----
Other Operating Expenses152.5M90.3M129.7M99.9M
Total Operating Expenses1.75B1.56B2.07B1.48B
Operating Income-158.1M120M58.4M20.8M
Total Other Income Expense Net243M117.2M45.5M116.3M
Ebit-158.1M120M58.4M20.8M
Interest Expense-86.8M-117.4M-134.8M-62M
Income Before Tax84.9M237.2M103.9M137.1M
Income Tax Expense22.9M43.7M37.3M-2.4M
Minority Interest----
Net Income From Continuing Ops62M193.5M66.6M139.5M
Discontinued Operations----
Extraordinary Items----
Effect Of Accounting Charges----
Other Items----
Net Income62M193.5M66.6M139.5M
Net Income Applicable To Common Shares62M193.5M63.37M136.27M

Balance Sheet Statement

Balance Sheet Statement history of SORIL Infra Resources Limited (NSE:SORILINFRA)

31 Mar 202231 Mar 202131 Mar 202031 Mar 2019
Cash61M230.6M87M96.4M
Short Term Investments214.1M300k100k570.9M
Net Receivables4.71B4.09B1.92B1.86B
Inventory76.6M133.6M195.7M115.7M
Other Current Assets72M61.2M49M79.9M
Total Current Assets5.14B4.53B2.27B3.07B
Property Plant Equipment1.34B1.56B1.86B1.91B
Good Will7M7M7M7M
Intangible Assets25.1M39.1M37M8.7M
Other Assets249.3M748.8M2.07B1.61B
Deferred Long Term Asset Charges3.6M3.6M3.6M7.2M
Total Assets6.76B6.89B6.24B6.6B
Accounts Payable375.2M364.1M285.5M173M
Short Long Term Debt2.76B204.5M199.7M264M
Other Current Liab334.1M111.2M84.9M90.4M
Long Term Debt561.8M679.7M258.9M451.3M
Other Liab47.5M56.3M36.7M22.8M
Total Current Liabilities3.47B3.51B3.47B3.84B
Total Liab4.08B4.28B3.84B4.32B
Common Stock315M315M315M315M
Capital Surplus2.36B3.27B3.27B3.27B
Total Stockholder Equity2.68B2.61B2.4B2.28B
Net Tangible Assets2.64B2.56B2.36B2.26B

Cash Flow Statement

Cash Flow Statement history of SORIL Infra Resources Limited (NSE:SORILINFRA)

31 Mar 202231 Mar 202131 Mar 202031 Mar 2019
Net Income62M193.5M66.6M139.5M
Depreciation209.9M219.5M248.8M196.2M
Change To Netincome-236M-36.6M118.8M-112.3M
Change To Account Receivables-1.8M-163M128.7M-385.3M
Change To Liabilities9.2M85.6M104.5M20.4M
Change To Inventory25.9M28.4M-70.9M-34.6M
Change To Operating Activities726.3M822.4M-869.2M-1.11B
Total Cash From Operating Activities795.5M1.16B-270M-1.29B
Capital Expenditures-36.4M-23M-106.4M-681.3M
Investments-206.8M-7.2M951.8M-870.7M
Other Cashflows From Investing Activities-573.3M-1.26B-31.3M379.4M
Total Cashflows From Investing Activities-764.3M-1.27B833.7M-1.19B
Net Borrowings-186.1M316.8M-469.7M474.6M
Other Cashflows From Financing Activities-27.1M-65.9M-100.2M-68M
Total Cash From Financing Activities-213.2M250.9M-573.1M2.51B
Change In Cash-182M143.6M-9.4M49.3M
Dividends Paid---3.2M-2.7M