Chapter 4

Finance & Accounts

 INDEX
SR. NO. PARTICULARS PAGE NO.
1 Introduction 70
2 Organization Structure 71
3 Revenue Budgeting 72
4 Cost Structure 72
5 Capital Budgeting 73
6 Costing Methods 74

7 Classification Of Costs In Different 74

Categories
8 Working Capital Management 75

9 Trend Of Working Capital 78

Management
10 Schedule Of Working Capital 79
11 Fund Flow Statement 80
12 Computation Of Leverages 80
13 Operating Cycle length 82
14 Internal Audit Policies 83
15 Financial Control System 83
16 Accounting Policies 83
17 Inventory Valuation Methods 84
18 Methods To Calculate Depreciation 85
19 Profit And Loss Account 86
 20 Balance Sheet 87
21 Ratio Analysis 88
22 Trend Analysis Of P&L 94
23 Trend Analysis Of Balance Sheet 95

24 Analysis Of P&L By Common Sized 97

Statement
25 Analysis Of Balance Sheet By Common 98
Sized Statement
26 Interaction With Bankers 99

INTRODUCTION

Finance is considered as the LIFE BLOOD of an organization.

Financial Accounting is defined as, “An art of recording, classifying and summarising in a
significant manner and in terms of money, transactions and events which are in part at least
of a financial character and interpreting the results thereof.”

The two statements prepared and presented by a business enterprise at the end of
accounting year viz. a balance sheet and a profit and loss account are called financial
statements.

Balance sheet is a statement of financial position reflecting assets, liabilities and capital on
as particular day. Profit and loss account or the income statement as it is known shows the
results of trading achieved during a certain period. It shows either profit or loss made in the
business during the year.

Efficient management of every business enterprise is largely dependent on the efficient

management of its finances.

DETAILED ORGANIZATION STRUCTURE OF FINANCE

DEPARTMENT
 GENERAL
MANAGER

HEAD OF
FINANCE
DEPARTMEN
T

ACCOUNTAN
T

CASHIER

Fig 4.1:- Organisation Structure of Finance Department of RADHE DHOKLA PVT LTD

 Here at RADHE DHOKLA PVT LTD, finance department is being managed by head Mr.
Jinesh Pandav.
 Accountant has to work under Mr. Jinesh Pandav.
 Cashier is working under the Accountant.

REVENUE BUDGETING

Revenue budgeting plays an important role in every financial procedure. In this Radhe
dhokla pvt. ltd. also, revenue budgets are prepared on the requirement basis.

In the first stage, sales plan are prepared from the entire marketing process. From sales
plan, production plans are prepared as to fulfill the customer requirement.

In the next stage, with the help of production plan, raw materials requirement are planned
i.e. how much raw-materials are to be purchased from different dealers.

Lastly revenue budgets are prepared to estimate the entire financial flow of the Radhe
dhokla pvt. ltd..
The calculation of revenue budget is very easy to understand and calculate. We can simply
calculate the revenue budget by deducting all the expenses of the Radhe dhokla pvt. ltd. by
all the incomes. If the revenues exceeds the expenses, that means Radhe dhokla pvt. ltd. is
in profit criteria and if the expenses exceeds the revenues, that means company is in loss
criteria.

COST STRUCTURE

TOTAL
COST

SEMI-
VARIABLE
FIXED COST VARIABLE
COST
COST

Fig 4.2:- Cost Structure of RADHE DHOKLA PVT LTD

CAPITAL BUDGETING
Capital budgeting is the planning process used to determine whether an organization's long
term investments such as new machinery, replacement machinery, new plants, new
products, and research development projects are worth the funding of cash through the
firm's capitalization structure (debt, equity or retained earnings).
It is the process of allocating resources for major capital, or investment expenditures. One
of the primary goals of capital budgeting investment is to increase the value of the firm to
the shareholders.

Many formal methods are used in capital budgeting, including the techniques such as:
a) Accounting Rate of Return
b) Payback Period
c) Net Present Value
d) Profitability Index
e) Internal Rate of Return

RADHE DHOKLA PVT LTD follows IRR method.

COSTING METHODS
Different industries follow different methods to establish the cost of their product. This
varies by the nature and specifics of each business. There are different principles and
procedures for performing the costing. However, the basic principles and procedures of
costing remain the same. Some of the methods are mentioned below:

1) Unit Costing
2) Job Costing
3) Contract Costing
4) Batch Costing
5) Operating Costing
6) Process Costing
7) Multiple Costing
8) Uniform Costing

CLASSIFICATION OF COSTS IN DIFFERENT CATEGORIES

The cost of final product of RADHE DHOKLA PVT LTD can be classified in following three
categories:

1) RAW MATERIAL COST

 It includes local purchases

2) FACTORY COST
 Factory Salary
 Factory Expenses

3) PRODUCTION COST
 Electricity
 Maintenance Expense
 Stationary Expense
 Shop Expenses
 Salary Expenses
 Telephone Expenses
 Vehicle Expenses

WORKING CAPITAL MANAGEMENT

MEANING
Working capital to a company is like the blood to human body. It is the most vital
ingredient of a business. Working capital management if carried out effectively, efficiently
and consistently will assure the health of an organization.
Working capital is defined as the excess of current assets over current liabilities.

CIRCULATION OF CURRENT ASSETS

Current Assets are those assets which will be converted into cash within current
accounting period or within the next year as a result of ordinary operation of the business.
They are cash or near cash resources which includes:

A. Cash and Bank Balance

B. Receivables
C. Inventory
a. Raw Materials, Stores And Spares
b. Work In Progress
c. Finished Goods
D. Prepaid Expenses
E. Short Term Advances
F. Temporary Investment

The value represented by these assets circulates among several items. Cash is used to buy
raw material, to pay wages and to meet other manufacturing expenses. Finished goods are
produced. These are held as inventories. When these are sold, account receivable brings
cash into the firm. The cycle starts again.

CIRCULATION OF CURRENT LIABILITIES

Current liabilities are the debts of the firms that have to be paid during the current
accounting period or within a year. These include:

A. Creditors for Goods and RM purchased

B. Outstanding Expenses
C. Short Term Borrowings
D. Advances Received Against Sales
E. Taxes and Dividend Payable
F. Other Liabilities maturing within a year

SOURCES OF FUNDS
1) TAKING LOANS
RADHE DHOKLA PVT LTD requires and uses Short Term Capital for running the business.
Short Term Capital to finance its working capital requirements.
RADHE DHOKLA PVT LTD takes loans from some industrial bank and co-operative bank.

2) RETAINED EARNINGS AND DEPRICIATION

RADHE DHOKLA PVT LTD use only Retained Earnings in the business firm.
If the depreciation charges are used for replacing worn-out equipment, retained earnings
are used as working capital sources.

RADHE DHOKLA PVT LTD normally retains 30 to 40 percent of profit after tax for financing
growth.

Advantages of the Retained Earnings at RADHE DHOKLA PVT LTD

 Retained Earnings are readily available internally.
 Retained Earnings effectively represent effect of additional equity in the firm.
 There is no transfer of control when a firm relies on retained earnings.
 Retained earnings have an advantage of lower Tax.

3) BANK OVERDRAFT
The Radhe dhokla pvt. ltd. sometimes takes the bank overdraft facility for the payment to
the creditors.
 TREND OF WORKING CAPITAL MANAGEMENT IN RADHE
DHOKLA PVT LTD

PARTICULARS 2021-22 2020-21

CURRENT ASSETS
Inventories 950894 894774.5
Trade Receivables 654668 653373
Cash and Bank Balances 851829.5 1075421.5
Short-Term Loans and 1294949 1132520
Advances
Other Current Assets 68594 72755
TOTAL CURRENT 3820934.5 3828844
ASSETS (A)
CURRENT LIABLITIES
Short-Term Borrowings 614559 606840.5
Creditors 671839 660260
Trade payables 788426 804597.5
Other Current Liabilities 1435274 1321854.5
Short-Term Provisions 147767 138513.5
TOTAL CURRENT 3657865 3532066
LIABILITIES (B)
NET WORKING 163069.5 296778
CAPITAL
(A-B)

SCHEDULE OF WORKING CAPITAL

INCREASE DECREAS
PARTICULARS 2021-22 2020-21
IN W.C. E IN W.C.
A) ESTIMATION
OF CURRENT
ASSETS

Inventories 950894 894774.5 56119.5 -

Trade Receivables 654668 653373 1295 -
Cash and Bank 851829.5 1075421.5
- 223592
Balances
Short-Term Loans and 1294949 1232520 162429 -
 Advances
Other Current Assets 48594 52755 4161
TOTAL CURRENT 3800934.5 3908844
- -
ASSETS
LESS(-)
B) ESTIMATION
OF CURRENT
LIABLITIES
Short-Term 614559 606840.5
- 7718.5
Borrowings
Creditors 671839 660260 - 11579
Trade payables 788426 804597.5 16171.5 -
Other Current 1435274 1321854.5
- 113419.5
Liabilities
Short-Term Provisions 147767 138513.5 - 9253.5
TOTAL CURRENT 3657865 3532066
- -
LIABILITIES
NET WORKING 163069.5 296778
237958.5 371667.5
CAPITAL (A-B)
DECREASE IN
WORKIMG 133709 - 133709 -
CAPITAL
TOTAL 296778 296778 371667.5 371667.5

FUND FLOW STATEMENT

PARTICULARS AMOUNT AMOUNT

SOURCES OF FUNDS - -
Increase in capital 0 -
Long term borrowing 713241.5 -
TOTAL OF SOURCES - 713241.5
APPLICATIONS OF FUNDS - -
Decrease in working capital - 133709
Increase in fixed assets 846950.5 -
TOTAL OF APPLICATIONS - 713241.5

COMPUTATION OF LEVERAGES

PARTICULARS 2020-21 2021-22

SALES 2875220.5 2627655.5
- VARIABLE COST 1986740 1865504
CONTRIBUTION 1388480.5 1262151.5
- FIXED COST 846974.5 854316.5
EBIT 1041506 907835
- INTEREST 0 0
EBT 1041506 907835
- TAX 120395.78 0
PAT 921110.22 907835

1. OPERATING LEVERAGE = Contribution / EBIT

= 1288480.5 / 1041506
2020-21
= 1.24
= 1262151.5 / 907835
2021-22
= 1.39

2. FINANCIAL LEVERAGE = EBIT / EBT

= 1041506 / 1041506
2020-21
=1
= 907835 / 907835
2021-22
=1

3. COMBINED LEVERAGE = Contribution / EBT

= 1088480.5 / 1041506
2020-21
= 1.04
= 1262151.5 / 907835
2021-22
= 1.39
 OPERATING CYCLE LENGTH

Operating cycle is the sum of inventory period and the accounts receivable period.
Cash cycle is equal to pertaining cycle less the accounts receivable period.

PARTICULARS (2020-21) DAYS DAYS

A) CURRENT ASSET

 Inventories (894774.5*365/2849515) 114 -

 Cash and bank (1075421.5*365/2875220.5) 136 -

OPERATING CYCLE 250

B) CURRENT LIABILITIES

 Creditors (660260*365/1165158.2) 207 -

CASH CYCLE(A-B) - 43

PARTICULARS (2021-22) DAYS DAYS

A) CURRENT ASSET

 Inventories (950894*365/2595423.5) 134 -

 Cash and bank (851829.5*365/2595423.5) 120 -

OPERATING CYCLE 254

B) CURRENT LIABILITIES

 Creditors(221839*365/717570.05) 113 -

CASH CYCLE(A-B) - 141

 INTERNAL AUDIT POLICIES

 Depreciation on fixed assets has been provided on WDV basis at the rates.
 Due to short period of processing and/or manufacturing, difficulty in identifying the
stages of process & identification of valuation, goods in progress, including finished
goods, are classified as raw material for the purpose of classification and valuation.
 The balance of the sundry debtors, sundry creditors and loans and advances at the end
of the year are subject to confirmation.
 Raw material and finished products are valued at the cost of FIFO basis.

FINANCIAL CONTROL SYSTEMS

 Stock and Debtors:- Daily reporting.

 Cash and Bank balance:- Checked daily.
 Sales and Profit:- Checked on monthly basis.
 Other Expenses are checked annually.

ACCOUNTING POLICIES

METHOD OF ACCOUNTING
The accounts are prepared on accrual basis.

FIXED ASSET
All fixed assets are recorded at cost of acquisition including installation cost wherever
applicable excluding motivate amount.

DEPRECIATION
It is being provided according to the Companies act 1956 considering written down value
method using single shift working in respect of plant and machinery.
In respect of other assets, depreciation is provided according to rates prescribed in Schedule
IV of the Company’s act 1956 in case of addition during the year. Depreciation is provided of
the prorate basis.

INVENTORIES
Inventories are valued at the cost or net realizable value whichever is lower.

INCOME AND EXPENSES RECOGNITION

Income and expenses are accounted for an accrual basis.

MISCELLANEOUS EXPENDITURE
Miscellaneous expenses are amortized over a period of 10 years.

DOUBTFUL DEBTS / ADVANCES

Provision is made in the accounts for debts / advances that in the opinion of the
management are considered doubtful of recovery.

INVENTORY VALUATION METHODS

Various methods are used for inventory valuation, which will solute with industry condition.
The methods of inventory valuation are as follows:
1) FIFO method (First In First Out)
2) LIFO method (Last In First Out)
3) Weighted Average method.
4) Specific Identification method.

RADHE DHOKLA PVT LTD is using FIFO (First In First Out) method for valuation of
inventories.

METHODS TO CALCULATE DEPRICIATION

Every company has to undertake a proper depreciation method for maintenance of
depreciation provision. Each asset in the business has its own useful life. The main base of
such useful life depends upon the period on which the assets can be used.

Because of the usage of the asset its working capacity decreases and so does the utility
price of it. This reduction in the value of an asset is known as depreciation. With the
reference to above explanation, depreciation can be understood as the amount to be
written off out of the cost price of that asset during its useful life.

According to Carter, “gradual and permanent reduction in price of an asset is called

depreciation”

Generally, there are two methods to calculate depreciation.

1) Straight Line Method.
2) Written Down Value Method.

Depreciation is calculated on fixed assets of the company. In RADHE DHOKLA PVT LTD, the
method used to calculate depreciation is Written Down Value method. So depreciation is
calculated every year and thus depreciation amount changes.

P&L ACCOUNT OF RADHE DHOKLA PVT LTD

PROFIT & LOSS STATEMENT

PARTICULARS 2021-22 2020-21

Revenue from Operations 3295423.5 3445915

Other Income 92232 109305.5
TOTAL REVENUE (1) 3387655.5 3555220.5
Expenses:
Cost of Materials
1002777.5 1055451.5
Consumed
Finance Costs 519655 517715
Depreciation and 84661.5 79259.5
Amortization Expense
Selling and distribution
69025 68650
expenses
Admin Expenses 800000 820000
Other Expenses 443701.5 492638.5
TOTAL EXPENSES (2) 2919820.5 3033714.5
PROFIT BEFORE TAX
467835 521506
(1-2) (3)
TAX EXPENSE (13 %)
0 0
(4)
PROFIT (3-4) 467835 521506

BALANCE SHEET OF RADHE DHOKLA PVT LTD

BALANCE SHEET

PARTICULARS 2021-22 2020-21

EQUITY AND
LIABILITIES
Owner’s Capital 939296 1269296
Total Reserves 2081045 2381472
NON-CURRENT
LIABILITIES
Long-Term Borrowings 1849620 2562862
CURRENT
LIABILITIES
Short-Term Borrowings 614559 806840.5
Creditors 671839 860260
Trade payables 788426 1004597.5
Other Current Liabilities 1435274 1801854.5
Short-Term Provisions 147767 178513.5
TOTAL 8527826 10865696
NON-CURRENT
ASSETS
FIXED ASSETS
Tangible Assets 3591710 4235920.5
 Intangible Assets
Capital Work-in-
90728.5 122595.5
Progress
Non-Current
112905.5 175001.5
Investments
Leasehold building 138540.5 201733.5
other non-current assets 73007 121601
CURRENT ASSETS
Inventories 1550894 2094774.5
Trade Receivables 654668 703373
Cash and Bank
851829.5 1275421.5
Balances
Short-Term Loans and
1394949 1832520
Advances
Other Current Assets 68594 102755
Total 8527826 10865696
RATIO ANALYSIS

A. LIQUIDITY RATIO
1) Current Ratio:- Current Assets / Current Liabilities
6008844/4652066
2020-21
1.29:1
= 4520934.5/ 3657865
2021-22
= 1.23:1
Comment:- Generally 2:1 current ratio is recommended by Government. In 2021-22,
Current ratio is higher than previous year. It implies that for every 1 Rs of current
liability, 1.23 Rs of current assets are available to meet them. It is satisfactory than last
year but which shows that Radhe Dhokla pvt. Ltd. was not able to meet its current
obligations as and when required.

2) Liquid Ratio:- Liquid Assets / Liquid Liabilities

= 1376186 / 1257553
2020-21
= 1.09:1
= 1390579 / 1388478
2021-22
= 1:1
Comment:- The liquidity position of the Radhe dhokla pvt. ltd. is also satisfactory than its
previous year. The liquid ratio in the year 2021-22 was 1, which was 1.09 in the year
2020-21. Radhe dhokla pvt. ltd. should take immediate steps to increase quick assets.

B. SOLVENCY RATIO
1) Debt Equity Ratio:- Long Term Debt / Share Holders Fund
2020-21 = 1815810 / 2220768
= 0.81:1
= 1584177 / 2020341
2021-22
= 0.78:1
Comment:- The standard ratio is 2:1 . RADHE DHOKLA PVT LTD’s debt equity ratio is
under control as it is 0.78, which represents a satisfactory capital structure of business.
2) Proprietary Ratio:- Share Holders Fund / Total Real Assets
= 2220768 / 5518644
2020-21
= 0.4:1
= 2020341 / 5212383
2021-22
= 0.38:1
Comment:- In 2021-22, the ratio was gone down from 0.4 to 0.38. It is recommended to
increase owners fund.
3) Fixed Assets to Proprietary Ratio:- Fixed Assets / Share Holders Fund
= 3739800 / 2220768
2020-21
= 1.68:1
=3441448.5/ 2020341
2021-22
= 1.71:1
Comment:- The ratio of a firm is greater than 1. Which means creditors obligation has
been used to acquired a part of the fixed assets.

C. PROFITABILITY RATIO
1) Gross Profit Ratio:- Gross Profit / Sales * 100
= 1761204 / 2345915
2020-21
= 75.07%
2021-22 =1557984.5/2095423.5
 = 74.35%
Comment:- The GP ratio of Radhe dhokla pvt. ltd. is lower than its previous year which
shows both selling price and cost of goods sold have changed, the combined effect being
decrease in gross margin.

2) Net Profit Ratio:- Net Profit After Tax / Net Sales * 100
2020-21 =471110.22/ 2345915
= 20%
2021-22 = 407835 / 2095423.5
= 19.46%
Comment:- The profitability is lower than last year hence it is very useful to proprietors
as it shows an index of efficiency and profitability.

3) Operating Ratio:- COGS + Operating Expenses / Net Sales * 100

= 648284.5 / 2345915
2020-21
= 27%
=673311.5/2095423.5
2021-22
= 22.13%
Comment:- The ratio was 27% in year 2020-21 which has decreased to 22.13% in year
2021-22 which shows Radhe dhokla pvt. ltd. was more efficient in year 2021-22.

4) Operating Profit Ratio:- Operating Profit / Net Sales * 100

= 541506 / 2345915
2020-21
= 23.08%
= 407835 / 2095423.5
2021-22
= 19.46%
Comment:- In 2020-21 the ratio was 23.08% which decreased to 19.46% in year 2021-22
which shows Radhe dhokla pvt. ltd. cannot is not in a better position in the current year.

5) Return on Capital Employed:- Operating Profit / Capital Employed * 100

 = 541506 / 4036578
2020-21
= 13.41%
= 407835 / 3604518
2021-22
= 11.31%
Comment:- This ratio is lower than the last year. It implies that long term funds supplied
by the creditors and owners of the company get lower return on their investments due
to decrease in operating profit.
6) Return on Share Holders Fund:- Net Profit After Tax / Share Holders Fund * 100

=471110.22/ 2220768
2020 -21
= 21.21%

= 407835 / 2020341
2021-22
= 20.18%

Comment:- In 2020-21 ,the ratio was higher than year 2021-22. So that Owner gets high
return on their investment due to higher net profit than year 2021-22.

D. ACTIVITY RATIO
1) Capital Turnover Ratio:- Net Sales / Capital Employed
=1790463.5/ 4036578
2020-21
= 0.44 times
= 1592646 / 3604518
2021-22
= 0.44 times
Comment: - In 2020-21, the ratio was 0.44 times which remained same in the current
year which indicates equal profitability position.

2) Working Capital Ratio:- Sales / Net Working Capital

= 2345915 / 296778
2020-21
= 7.9 times
=2095423.5/163069.5
2021-22
= 12.84 times
Comment:- In 2020-21, the ratio was not satisfactory than year 2021-22 because the
ratio has increased from 7.9 to 12.84 times which shows that there was low
investment in working capital.
3) Stock Turnover Ratio:- COGS / Average Stock
= 29259.5 / 402658
2020-21
= 0.07 times
= 34661.5 / 308356
2021-22
= 0.11 times
Comment:- The ratio in the year 2010 - 11 was 0.07 times which increased to 0.11 times.
It shows efficiency of the firm is increased.

4) Fixed Assets Turnover Ratio:- Sales / Fixed Assets

= 2345915 / 3739800
2020-21
= 0.62 times
=2095423.5/3441448.5
2021-22
= 0.61 times
Comment:- In 2020-21, the ratio was slightly higher than year 2021-22. So, Radhe dhokla

pvt. ltd. have to make intensive utilization of fixed assets.

5) Creditors Turnover Ratio:- Net Credit Purchases / Average Creditors

= 665158.2 / 160260
2020-21
= 4.15 times
= 667570.05 / 171839
2021-22
= 3.88 times

6) Creditors Ratio:- Months or Days in a Year / Creditors Turnover Ratio

= 365 / 4.15
2020-21
= 87 days
= 365/ 3.88
2021-22
= 94 days
Comment:- The creditor ratio during the period 2020-21 was 4.15 times which decreased to
3.88 times which shows Radhe dhokla pvt. ltd. is enjoying more credit period from supplier
currently.

TREND ANALYSIS OF P&L OF RADHE DHOKLA PVT LTD

PERCENTAG
PARTICULARS 2020-21 2021-22 TREND
E
REVENUE
FROM 3295423.5 3445915 100 104.56
OPERATIONS
Other Income 92232 109305.5 100 118.51
TOTAL 100 104.94
3387655.5 3555220.5
REVENUE (1)
EXPENSES

Cost of Materials 100 105.25

1002777.5 1055451.5
Consumed

Finance Costs 519655 517715 100 99.62

Depreciation and
Amortization 84661.5 79259.5 100 93.61
Expense
Selling and
distribution 69025 68650 100 99.45
expenses
Other Expenses 800000 820000 100 102.5
TOTAL 100 111.02
443701.5 492638.5
EXPENSES (2)
PROFIT
BEFORE TAX 2919820.5 3033714.5 100 103.90
(1-2) (3)
TAX EXPENSE 100 0
467835 521506
(13 %) (4)
PROFIT (LOSS)
FOR THE 0 0 115.5149
PERIOD (3-4)

467835 521506
 TREND ANALYSIS OF BALANCE SHEET OF RADHE
DHOKLA PVT LTD

PERCENTAG
PARTICULARS 2020-21 2021-22 TREND
E

EQUITY AND -
LIABILITIES
Owner’s fund 439296 439296 100 100

Total Reserves 1581045 1781472 100 112.6769

NON-
CURRENT -
LIABILITIES
Long term 100 115.8001
1349620.5 1562862
borrowing
CURRENT -
LIABILITIES
Short-Term 100 93.26242
114559 106840.5
Borrowings
Creditors 171839 160260 100 93.26172

Trade payables 288426 304597.5 100 105.6068

Other Current 100 87.87313
935274 821854.5
Liabilities
Short-Term 100 90.53515
97767 88513.5
Provisions
TOTAL 5212383 5518644 100 105.8756
NON-
CURRENT -
ASSETS
FIXED ASSETS -

Tangible Assets 3249171 3535920.5 100 108.8253

Intangible Assets -
Capital Work-in- 100 96.76
5728.5 5543.5
Progress
Non-Current 100 100
75001.5 75001.5
Investments
Leasehold 100 92.31199
88540.5 81733.5
building
other non current 100 180.8189
23007 41601
assets
CURRENT -
ASSETS
Inventories 450894 394774.5 100 87.55373
Trade 100 99.16272
154668 153373
Receivables
Cash and Bank 100 163.5512
351829.5 575421.5
Balances
Short-Term
Loans and 794949 632520 100 79.56737
Advances
Other Current 100 122.3782
18594 22755
Assets
TOTAL 5212383 5518644 100 105.8756

ANALYSIS OF P&L BY COMMON SIZED STATEMENT OF

RADHE DHOKLA PVT LTD

PARTICULAR PERCENTA PERCENTA

2020-21 2021-22
S GE GE
REVENUE
FROM 2095423.5 100 2345915 100
OPERATIONS
Other Income 32232 1.5149069 29305.5 1.2338012
Total Revenue
2127655.5 101.54 2375220.5 101.24
(1)
EXPENSES
Cost of
Materials 502777.5 23.630588 555451.5 23.38526
Consumed
Finance Costs 319655 15.023814 317715 13.376232
Depreciation
and 1.6290936 1.2318646
34661.5 29259.5
Amortization
Expense
Selling and
distribution 18650 0.87 19025 0.80
expenses
 Other expenses 912638.5 42.90 843701.5 35.52
TOTAL 77.201864
1719820.5 80.831718 1833714.5
EXPENSES
Profit Before
407835 19.168282 541506 22.798136
Tax (1-2) (3)
TAX
EXPENSE: (13 0 0 70395.78 0
%) (4)
PROFIT (3-4) 407835 19.168282 471110.22 19.834378

ANALYSIS OF BALANCE SHEET BY COMMON SIZED

STATEMENT OF RADHE DHOKLA PVT LTD

PERCENTAG PERCENTAG
PARTICULARS 2020-21 2021-22
E E

EQUITY AND
LIABILITIES
8.4279 7.96021
Owner’s fund 439296 439296
3 6
Total Reserves 1581045 30.33248 1781472 32.28097
NON-
CURRENT
LIABILITIES
Long term 28.31967
1349620.5 25.89258 1562862
borrowing
CURRENT
LIABILITIES
Short-Term 1.935992
114559 2.197824 106840.5
Borrowings
Creditors 171839 3.296745 160260 2.903974

Trade payables 288426 5.533477 304597.5 5.519427

Other Current 14.89233
935274 17.94331 821854.5
Liabilities
Short-Term 1.603899
97767 1.875668 88513.5
Provisions
TOTAL 5212383 100 5518644 100
NON-
CURRENT
ASSETS
 FIXED ASSETS
Tangible Assets 3249171 62.33562 3535920.5 64.07227
INTANGIBLE
ASSETS
Capital Work-in- 0
5728.5 0.109902 5543.5
Progress
Non-Current 1.43891 1.359057
75001.5 75001.5
Investments
Leasehold 1.481043
88540.5 1.698657 81733.5
building
other non current 0.753826
23007 0.441391 41601
assets
CURRENT
ASSETS
Inventories 450894 8.650439 394774.5 7.153469
Trade 2.779179
154668 2.967318 153373
Receivables
Cash and Bank 10.4105
351829.5 6.7498 575421.5
Balances
Short-Term
Loans and 794949 15.25116 632520 11.46151
Advances
Other Current 0.41233
18594 0.356727 22755
Assets
TOTAL 5212383 100 5518644 100

INTERACTION WITH BANKERS

RADHE DHOKLA PVT LTD is having interaction with the following banks:
1) Axis Bank
2) IDBI Bank