Analysis of Financial Position
For the year ended June 30, 2022
Rupees In Millions |
|
2022 |
2021 |
2020 |
2019 |
2018 |
2017 |
Shareholders' equity |
215,649 |
139,978 |
113,061 |
119,181 |
110,452 |
102,850 |
Non-current assets |
53,624 |
51,297 |
49,611 |
32,854 |
24,561 |
23,883 |
Current assets |
845,830 |
327,962 |
293,261 |
384,225 |
378,001 |
368,560 |
Non-current liabilities |
16,548 |
12,239 |
12,461 |
7,528 |
5,165 |
8,090 |
Current liabilities |
667,258 |
227,043 |
217,350 |
290,371 |
286,945 |
281,504 |
Analysis of Financial Position
As of June 30, 2022, variation as compared to June 30, 2021 is as follows:
-
Shareholders' equity increased by 54.1% primarily due to profit retained during the year.
-
Non-current assets increased by 4.5% mainly due to additions in property, plant & equipment and increase in deferred
tax asset due to increase in future tax rate on account of imposition of super tax.
-
Current assets increased by 157.9% primarily due to increase in stock in trade (mainly due to price variance) and trade
debts.
-
Increase in non-current liabilities by 35.2% mainly due to increase in retirement & other service benefits and lease
liability.
-
Increase in current liabilities by 193.9% due to increase in trade and other payables mainly on account of increase in
cost of purchase and increase in short term borrowings to finance working capital needs.