Tribhovandas Bhimji Zaveri Limited (NSE:TBZ) Annual Report 2022



The latest annual report of Tribhovandas Bhimji Zaveri Limited (TBZ) 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 - TBZ Annual Results

Amounts in INR

Total Revenue
18.44B
Gross Profit
2.14B
EBIT
538.87M
Net Tangible Assets
5.27B
Net Income
201.82M
Capital Expenditures
-10.87M

TBZ Income Statement 2022 Annual Report

As per the latest Income Statement of TBZ, the Net revenue increased by ₹5.018456B (37%) compared to the previous period. The operating income in 2022 decreased by ₹-432.14M (-45%). The net income as per the annual report was 201.82M which decreased by ₹-230.85M (-53%) compared to previous year.

Income Statement Report (2022/2021)

20222021
Total Revenue18.44B13.42B
Gross Profit2.14B2.21B
Operating Income538.87M971.01M
Income Before Tax259.47M597.69M
Net Income201.82M432.67M

Balance Sheet - TBZ 2022 Annual Report

Read further: TBZ Balance Sheet Detailed Analysis

The latest balance sheet from annual result of Tribhovandas Bhimji Zaveri Limited showed the company increased the cash on balance sheet by ₹24.77M (44%). The Net tangible assets of TBZ on the balance sheet were at 5.27B which is ₹53.22M (1%) more than previous annual report. The total stockholder equity also increased by ₹46.99M (1%) compared to previous reporting period.

Balance Sheet Statement Report (2022/2021)

20222021
Cash81.66M56.88M
Total Assets14.57B 12.15B
Long Term Debt930k23.02M
Total Liabilities9.29B 6.92B
Total Shareholder Equity5.28B5.23B
Net Tangible Assets5.27B5.21B

Cash Flow Statement - TBZ 2022 Annual Report

The 2022 annual cash flow statement of Tribhovandas Bhimji Zaveri Limited showed that the net income decreased by ₹-230.85M (-53%) compared to previous reporting period. Also the capital expenditure of TBZ increased by ₹758000 (7%).

As of 2022, the total cash from investing activities was -20.92M and total cash from financing activities was 707.66M.

Cash Flow Statement Report (2022/2021)

20222021
Net Income201.82M432.67M
Capital Expenditures-10.87M-11.62M
Dividends Paid-166.83M-166.83M
Total Cash From From Investing Activities-20.92M52.72M
Total Cash From From Financing Activities707.66M-2.33B

Tribhovandas Bhimji Zaveri Limited Annual Report History

Income Statement

Income Statement history of Tribhovandas Bhimji Zaveri Limited (NSE:TBZ)

31 Mar 202231 Mar 202131 Mar 202031 Mar 2019
Total Revenue18.44B13.42B18.1B17.64B
Cost Of Revenue16.3B11.21B15.49B15.06B
Gross Profit2.14B2.21B2.61B2.58B
Research Development----
Selling General Administrative1.03B743.87M1.12B1.45B
Non Recurring----
Other Operating Expenses342.93M229.72M341.3M371.62M
Total Operating Expenses17.9B12.45B17.28B16.98B
Operating Income538.87M971.01M819.54M655M
Total Other Income Expense Net-279.4M-373.32M-538.94M-423.54M
Ebit538.87M971.01M819.54M655M
Interest Expense-317.97M-433.82M-510.83M-43.26M
Income Before Tax259.47M597.69M280.6M231.45M
Income Tax Expense57.65M165.02M66.44M75.81M
Minority Interest----
Net Income From Continuing Ops201.82M432.67M214.15M155.64M
Discontinued Operations----
Extraordinary Items----
Effect Of Accounting Charges----
Other Items----
Net Income201.82M432.67M214.15M155.64M
Net Income Applicable To Common Shares201.82M432.67M214.15M155.64M

Balance Sheet Statement

Balance Sheet Statement history of Tribhovandas Bhimji Zaveri Limited (NSE:TBZ)

31 Mar 202231 Mar 202131 Mar 202031 Mar 2019
Cash81.66M56.88M23.64M65.79M
Short Term Investments371.07M338.59M387.29M332.41M
Net Receivables49.37M77.15M80.15M274.35M
Inventory12.04B9.84B11.81B11.79B
Other Current Assets299.89M268.13M432.4M431.85M
Total Current Assets12.87B10.6B12.76B12.92B
Long Term Investments224k153k113k256k
Property Plant Equipment1.51B1.38B1.72B1.08B
Intangible Assets9.62M15.85M22.04M32.99M
Other Assets185.03M146.32M180.44M203.17M
Deferred Long Term Asset Charges36.77M42.72M67.14M-
Total Assets14.57B12.15B14.68B14.23B
Accounts Payable1.99B1.4B1.94B1.96B
Other Current Liab1.28B992.92M1.36B866.54M
Long Term Debt930k23.02M4.93M135k
Other Liab73.48M71.64M71.92M81.97M
Total Current Liabilities8.61B6.34B9.19B9.31B
Total Liab9.29B6.92B9.88B9.4B
Common Stock667.31M667.31M667.31M667.31M
Retained Earnings2.95B2.92B2.49B2.5B
Treasury Stock-23.23M-35.27M-24.06M-13.26M
Capital Surplus1.68B1.68B1.68B1.68B
Other Stockholder Equity-23.23M-35.27M-24.06M-13.26M
Total Stockholder Equity5.28B5.23B4.81B4.84B
Net Tangible Assets5.27B5.21B4.79B4.81B

Cash Flow Statement

Cash Flow Statement history of Tribhovandas Bhimji Zaveri Limited (NSE:TBZ)

31 Mar 202231 Mar 202131 Mar 202031 Mar 2019
Net Income201.82M432.67M214.15M155.64M
Depreciation217.82M258.26M315.07M94.63M
Change To Netincome257.61M386.14M513.86M413.77M
Change To Account Receivables17.86M-3.44M225.72M-29.22M
Change To Liabilities589.07M-534.2M-21.45M1.05B
Change To Inventory-2.2B1.97B-14.87M-1.58B
Change To Operating Activities250.67M-204.23M247.21M215M
Total Cash From Operating Activities-661.97M2.31B1.49B323.62M
Capital Expenditures-10.87M-11.62M-30.95M-150.01M
Investments-23.9M48.81M-55.22M-67.36M
Other Cashflows From Investing Activities13.44M11.7M23.92M8.07M
Total Cashflows From Investing Activities-20.92M52.72M-56.21M-208.92M
Dividends Paid-166.83M-166.83M-140.78M-50.05M
Net Borrowings1.16B-1.94B-872.5M368.02M
Other Cashflows From Financing Activities-283.21M-393M-459.78M-477.15M
Total Cash From Financing Activities707.66M-2.33B-1.47B-159.18M
Change In Cash24.77M33.24M-42.15M-44.48M