Join our Whatsapp Community for Daily Price Sheets and News

Ecosure Pulpmolding Technologies Limited.(ESTD-2019) Shares

Financial Year: 2023

Financial Year: 2023

Financial Report Summary

Financial Summary of Ecosure Pulpmolding Technologies Limited as at March 31, 2023

Balance Sheet Highlights:

  • Equity and Liabilities:
    • Share Capital: Rs. 500.00 thousand for both 2023 and 2022.
    • Reserves & Surplus: Increased significantly from Rs. 3,946.16 thousand in 2022 to Rs. 11,044.66 thousand in 2023.
    • Total Shareholders' Funds: Increased from Rs. 4,446.16 thousand to Rs. 11,544.66 thousand.
    • Long Term Borrowings: Increased substantially to Rs. 11,263.61 thousand in 2023 from Rs. 0 in 2022.
    • Short Term Borrowings: Increased significantly from Rs. 10,583.65 thousand to Rs. 29,765.49 thousand.
    • Trade Payables: Increased from Rs. 13,856.54 thousand to Rs. 20,931.02 thousand.
    • Other Current Liabilities: Increased from Rs. 126,590.23 thousand to Rs. 163,872.96 thousand.
    • Short-Term Provisions: Increased from Rs. 1,324.70 thousand to Rs. 2,299.16 thousand.
    • Total Equity and Liabilities: Increased from Rs. 156,801.28 thousand to Rs. 239,676.90 thousand.
  • Assets:
    • Property, Plant and Equipment: Increased from Rs. 595.33 thousand to Rs. 2,636.79 thousand.
    • Deferred Tax Assets: Increased from Rs. 5.35 thousand to Rs. 145.29 thousand.
    • Inventories: Increased from Rs. 33,078.46 thousand to Rs. 58,595.80 thousand.
    • Trade Receivables: Increased from Rs. 50,254.68 thousand to Rs. 62,721.29 thousand.
    • Cash And Cash Equivalents: Increased from Rs. 1,589.56 thousand to Rs. 6,819.86 thousand.
    • Short Term Loans And Advances: Increased from Rs. 71,253.90 thousand to Rs. 108,740.87 thousand.
    • Total Assets: Increased from Rs. 156,801.28 thousand to Rs. 239,676.90 thousand.

Statement of Profit and Loss Highlights:

  • Revenue:
    • Revenue from Operations: Increased significantly from Rs. 167,078.17 thousand in 2022 to Rs. 334,111.76 thousand in 2023.
  • Expenses:
    • Purchase of Traded Goods: Increased from Rs. 155,504.57 thousand to Rs. 305,460.12 thousand.
    • Employee Benefit Expenses: Increased from Rs. 8,511.34 thousand to Rs. 14,278.73 thousand.
    • Depreciation: Increased from Rs. 463.02 thousand to Rs. 1,277.96 thousand.
    • Other Expenses: Increased from Rs. 15,761.20 thousand to Rs. 28,431.47 thousand.
    • Total Expenses: Increased from Rs. 162,005.87 thousand to Rs. 324,590.93 thousand.
  • Profitability:
    • Profit Before Tax: Increased from Rs. 5,096.41 thousand to Rs. 9,520.83 thousand.
    • Profit After Tax: Increased from Rs. 3,773.76 thousand to Rs. 7,098.50 thousand.
  • Earnings Per Share:
    • Basic and Diluted EPS: Increased from Rs. 75.48 to Rs. 141.97.

Key Financial Ratios (Year ended 31-03-2023):

  • Current Ratio: 1.10
  • Debt Equity Ratio: 1.97
  • Net Profit Ratio: 0.02

Additional Information:

  • The company's share capital remains unchanged at Rs. 500,000.
  • A detailed list of shareholders and their shareholding as of March 31, 2023, and March 31, 2022, is provided.
  • Details of long-term borrowings, including secured and unsecured loans from various financial institutions, are provided.
  • The company has disclosed related party transactions as per Accounting Standard AS-18, including key management personnel and transactions with related entities.
  • The auditor's remuneration for the year is Rs. 20,000.
  • The company confirms that there are no pending applications or proceedings under the Insolvency and Bankruptcy Code, 2016.
  • The company does not hold any immoveable property, hence reporting of the title deed is not applicable
  • The company confirms that it has not traded or invested in crypto currency or virtual currency for the financial year ended March 31, 2023 and March 31, 2022
  • There are no Contingent Liabilities and unexecuted capital commitments to be disclosed.

Overall Analysis:

The company has demonstrated significant revenue growth and improved profitability, alongside increased liabilities and assets.

Our Blogs

Our blog provides insightful information about unlisted shares, offering a deeper understanding of how these assets work, their potential benefits, and the risks involved. Whether you're new to unlisted shares or looking to expand your knowledge, we cover topics such as investment strategies, valuation methods, market trends, and regulatory aspects. Stay updated with expert tips and guides to navigate the unlisted share market effectively.

FAQ's

What are unlisted shares?

+

Unlisted shares are stocks of companies that are not listed on any stock exchange, meaning they are not publicly traded. These shares are typically available for trade in the private market through brokers, and can offer unique investment opportunities.

How can I buy unlisted shares?

+

You can buy unlisted shares through a broker or platform that specializes in unlisted share transactions. We provide a secure and easy way to purchase unlisted shares from top companies, ensuring a smooth transaction process.

What is the share price of unlisted companies?

+

The share prices of unlisted companies can fluctuate based on various factors like market demand, company performance, and private transactions. You can check the latest share prices for unlisted companies on our website for real-time updates.

Are unlisted shares a good investment?

+

Unlisted shares can offer higher growth potential, as they are typically not subject to the same market volatility as listed shares. However, they come with higher risk due to limited liquidity and availability of information. It's important to research thoroughly and consult experts before investing.

How can I sell unlisted shares?

+

To sell unlisted shares, you can connect with a broker or platform that facilitates the sale of private stocks. We help investors buy and sell unlisted shares with ease, ensuring that your transaction is handled professionally and securely.

What are the risks of investing in unlisted shares?

+

Yes, unlisted shares can eventually be listed on a stock exchange through an Initial Public Offering (IPO). This process allows the company to offer its shares publicly and be traded on major exchanges, potentially increasing liquidity and visibility.

What is the share price of unlisted companies?

+

Gains from unlisted shares are subject to capital gains tax in India. Short-term capital gains (if held for less than 24 months) are taxed at your applicable income tax rate, while long-term capital gains (if held for more than 24 months) are taxed at 20% with indexation benefits. Always consult a tax advisor for precise tax implications.

How do I know the current value of unlisted shares?

+

The value of unlisted shares is typically determined by private transactions, financial reports, and market demand. We provide the latest updates on share prices of unlisted companies, giving you the most accurate valuation available.

Is there a minimum investment amount for unlisted shares?

+

The minimum investment for unlisted shares can vary depending on the company and broker. Generally, the minimum investment is higher than for listed stocks, but we provide detailed information to help you make the best investment decisions.

Can I get a dividend from unlisted shares?

+

Yes, unlisted shares may pay dividends if the company has declared them. However, since these companies may be in their growth stage, dividend payments are not always guaranteed. It's important to check the company's financial health before investing.

How do I know which unlisted shares are worth investing in?

+

It's important to conduct thorough research on the company's financials, management, market potential, and overall business model. You can also seek professional advice from experts to help you choose unlisted shares with strong growth prospects.

Are unlisted shares taxed?

+

Gains from unlisted shares are subject to capital gains tax in India. Short-term capital gains (if held for less than 24 months) are taxed at your applicable income tax rate, while long-term capital gains (if held for more than 24 months) are taxed at 20% with indexation benefits. Always consult a tax advisor for precise tax implications.

WhatsAppContact Us