Tips Industries Limited (NSE:TIPSINDLTD) Annual Report 2022



The latest annual report of Tips Industries Limited (TIPSINDLTD) 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 - TIPSINDLTD Annual Results

Amounts in INR

Total Revenue
1.36B
Gross Profit
1.29B
EBIT
857.69M
Net Tangible Assets
1.02B
Net Income
645.55M
Capital Expenditures
-4.78M

TIPSINDLTD Income Statement 2022 Annual Report

As per the latest Income Statement of TIPSINDLTD, the Net revenue increased by ₹450.56M (50%) compared to the previous period. The operating income in 2022 increased by ₹302.77M (55%). The net income as per the annual report was 645.55M which increased by ₹210.87M (49%) compared to previous year.

Income Statement Report (2022/2021)

20222021
Total Revenue1.36B905.3M
Gross Profit1.29B806.37M
Operating Income857.69M554.92M
Income Before Tax886.17M592.24M
Net Income645.55M434.69M

Balance Sheet - TIPSINDLTD 2022 Annual Report

Read further: TIPSINDLTD Balance Sheet Detailed Analysis

The latest balance sheet from annual result of Tips Industries Limited showed the company reduced the cash on balance sheet by ₹-90.33M (-29%). The Net tangible assets of TIPSINDLTD on the balance sheet were at 1.02B which is ₹11.45M (1%) more than previous annual report. The total stockholder equity also increased by ₹11.45M (1%) compared to previous reporting period.

Balance Sheet Statement Report (2022/2021)

20222021
Cash220.74M311.07M
Total Assets1.47B 1.5B
Long Term Debt--
Total Liabilities443.75M 488.45M
Total Shareholder Equity1.02B1.01B
Net Tangible Assets1.02B1.01B

Cash Flow Statement - TIPSINDLTD 2022 Annual Report

The 2022 annual cash flow statement of Tips Industries Limited showed that the net income increased by ₹210.87M (49%) compared to previous reporting period. Also the capital expenditure of TIPSINDLTD increased by ₹2.82M (37%).

As of 2022, the total cash from investing activities was -270.9M and total cash from financing activities was -28.49M.

Cash Flow Statement Report (2022/2021)

20222021
Net Income645.55M434.69M
Capital Expenditures-4.78M-7.6M
Dividends Paid-25.94M-19.45M
Total Cash From From Investing Activities-270.9M-135.18M
Total Cash From From Financing Activities-28.49M-245.84M

Tips Industries Limited Annual Report History

Income Statement

Income Statement history of Tips Industries Limited (NSE:TIPSINDLTD)

31 Mar 202231 Mar 202131 Mar 202031 Mar 2019
Total Revenue1.36B905.3M909.91M2.03B
Cost Of Revenue64.42M98.94M361.94M1.7B
Gross Profit1.29B806.37M547.97M333.65M
Research Development----
Selling General Administrative89.46M55.8M94.59M77.43M
Non Recurring----
Other Operating Expenses336.8M187.53M461.59M173.03M
Total Operating Expenses498.18M350.38M929.91M1.97B
Operating Income857.69M554.92M-20M59.17M
Total Other Income Expense Net28.48M37.33M163.56M13.73M
Ebit857.69M554.92M-20M59.17M
Interest Expense-728k-209k-2.83M-20.46M
Income Before Tax886.17M592.24M143.56M72.9M
Income Tax Expense240.62M157.55M30.16M44.43M
Minority Interest----
Net Income From Continuing Ops645.55M434.69M113.39M28.48M
Discontinued Operations----
Extraordinary Items----
Effect Of Accounting Charges----
Other Items----
Net Income645.55M434.69M113.39M28.48M
Net Income Applicable To Common Shares645.55M434.69M113.39M28.48M

Balance Sheet Statement

Balance Sheet Statement history of Tips Industries Limited (NSE:TIPSINDLTD)

31 Mar 202231 Mar 202131 Mar 202031 Mar 2019
Cash220.74M311.07M259.6M86.93M
Short Term Investments396.42M20.05M--
Net Receivables242.72M152.43M183.71M107M
Other Current Assets394.51M643.76M186.07M138.37M
Total Current Assets1.29B1.31B629.65M618.93M
Long Term Investments12k13k56.23M1.22M
Property Plant Equipment63.41M20.41M18.06M20.93M
Other Assets115.97M172.94M197.63M305.97M
Deferred Long Term Asset Charges3.91M---
Total Assets1.47B1.5B901.56M947.05M
Accounts Payable41.8M62.74M42.59M113M
Other Current Liab54.77M35.75M3.03M740k
Other Liab297.9M385.94M29.6M36.03M
Total Current Liabilities109.71M102.51M49.29M183.5M
Total Liab443.75M488.45M97.78M239.56M
Common Stock129.69M129.69M143.19M143.19M
Retained Earnings850.97M835.15M450.85M354.56M
Treasury Stock43.37M43.37M29.87M29.87M
Other Stockholder Equity43.37M43.37M29.87M29.87M
Total Stockholder Equity1.02B1.01B803.78M707.49M
Net Tangible Assets1.02B1.01B803.78M707.49M
Long Term Debt--18.9M20.02M

Cash Flow Statement

Cash Flow Statement history of Tips Industries Limited (NSE:TIPSINDLTD)

31 Mar 202231 Mar 202131 Mar 202031 Mar 2019
Net Income645.55M434.69M113.39M28.48M
Depreciation7.49M8.12M11.79M13.01M
Change To Netincome273k15.79M124.33M16.25M
Change To Account Receivables-30.29M27.93M-220.35M-26.87M
Change To Liabilities32k20.45M-69.38M-844.78M
Change To Operating Activities-329.58M-74.47M58.76M775.8M
Total Cash From Operating Activities293.49M432.5M305.15M249.84M
Capital Expenditures-4.78M-7.6M-6.06M-13.28M
Investments-231.46M-139.69M-48.81M-48.81M
Other Cashflows From Investing Activities-34.66M11.77M7.52M-5.71M
Total Cashflows From Investing Activities-270.9M-135.18M-46.58M93.45M
Dividends Paid-25.94M-19.45M-14.32M-14.32M
Net Borrowings-1.82M-18.9M-65.8M-272.86M
Other Cashflows From Financing Activities-728k-209k-5.78M-24.88M
Total Cash From Financing Activities-28.49M-245.84M-85.9M-312.05M
Change In Cash-5.9M51.49M172.67M31.24M