Zydus Wellness (531335) Q4 99/00 earnings summary

Executive summary

• FY2000 sales rose to ₹2.60 crore from ₹1.45 crore; the year ended with a pre-tax loss of ₹14.31 lakh, narrowed from ₹45.37 lakh.

• Production increased to 377.277 tonnes from 215.241 tonnes, while finished-goods sales volume reached 336,141 kg versus 205,510 kg.

Financial highlights

• Total income was ₹2.84 crore versus ₹1.54 crore; total expenditure was ₹2.98 crore versus ₹1.99 crore.

• Loss before tax was ₹14.31 lakh, compared with ₹45.37 lakh in FY1999; depreciation was ₹42.74 lakh and interest expense ₹4.21 lakh.

• Closing inventory increased to ₹96.44 lakh from ₹48.63 lakh; finished goods were ₹30.79 lakh versus ₹7.45 lakh.

Key financial ratios and metrics

• Net fixed assets were ₹2.96 crore versus ₹3.39 crore; net current assets were ₹74.88 lakh versus ₹32.19 lakh.

• Secured working-capital bank loans rose to ₹24.05 lakh from ₹14.99 lakh, backed by hypothecation of stock.

• Cash and bank balances closed at ₹85,808, compared with ₹42,862 a year earlier.