Midland Polymers Ltd Quarterly Results, Profit & Loss, Balance Sheet (MIDPOLY) | Stocksigma

Midland Polymers Ltd (MIDPOLY) Financials - Quarterly Results, Profit & Loss, Balance Sheet, Cash Flow

Midland Polymers Ltd reported sales of ₹0 Cr, operating profit of ₹-0.03 Cr (OPM -) and net profit of ₹-0.03 Cr for the quarter ended Jun 2023. Figures in ₹ crore, consolidated where available.

MIDPOLY quarterly results (₹ Cr)
Metric	Sep 2021	Dec 2021	Mar 2022	Jun 2022	Sep 2022	Dec 2022	Mar 2023	Jun 2023
Sales	3.48	3.48	3.48	0	0	0	0	0
Expenses	3.54	3.54	3.54	0.12	0.08	0.08	0.01	0.03
Operating Profit	-0.06	-0.06	-0.06	-0.12	-0.08	-0.08	-0.01	-0.03
OPM	-1.72%	-1.72%	-1.72%	-	-	-	-	-
Other Income	0.01	0.01	0.01	0	0	0	0	0
Interest	0	0	0	0	0	0	0	0
Depreciation	0	0	0	0	0	0	0	0
Profit before tax	-0.05	-0.05	-0.05	-0.12	-0.08	-0.08	-0.01	-0.03
Tax	0%	0%	-20%	0%	0%	0%	0%	0%
Net Profit	-0.05	-0.05	-0.03	-0.12	-0.08	-0.08	-0.01	-0.03
EPS in Rs	0	0	0	-0.01	-0.01	-0.01	0	0

MIDPOLY profit & loss, annual (₹ Cr)
Metric	Mar 2016	Mar 2017	Mar 2021	Mar 2022	Mar 2023	TTM
Sales	0	0	0	13.94	0	0
Expenses	0.2	0.2	0.13	14.17	0.33	0.2
Operating Profit	-0.2	-0.2	-0.13	-0.23	-0.33	-0.2
OPM	-	-	-	-1.65%	-	-
Other Income	0.1	0.3	0.2	0.05	0.01	0
Interest	0	0	0	0	0	0
Depreciation	0.01	0.01	0	0	0	0
Profit before tax	-0.11	0.09	0.07	-0.18	-0.32	-0.2
Tax	-9.09%	11.11%	0%	-5.56%	0%	-
Net Profit	-0.11	0.08	0.07	-0.18	-0.32	-0.2
EPS in Rs	-0.01	0.01	0.01	-0.01	-0.02	-0.02
Dividend Payout	0%	0%	0%	0%	0%	-

MIDPOLY balance sheet (₹ Cr)
Metric	Mar 2016	Mar 2017	Mar 2021	Mar 2022	Mar 2023
Equity Capital	13.59	13.59	13.59	13.59	13.59
Reserves	0.56	0.64	0.69	0.52	0.21
Borrowings	0.17	0.17	0.13	2.13	2.12
Other Liabilities	2.73	2.74	3.14	6.42	5.86
Total Liabilities	17.05	17.14	17.55	22.66	21.78
Fixed Assets	0.23	0.23	0.01	0.01	0.01
CWIP	0.3	0.95	0.95	0.95	0.95
Investments	4.34	3.34	7.97	7.41	7.41
Other Assets	12.18	12.62	8.62	14.29	13.41
Total Assets	17.05	17.14	17.55	22.66	21.78

MIDPOLY cash flows (₹ Cr)
Metric	Mar 2016	Mar 2017	Mar 2021	Mar 2022	Mar 2023
Cash from Operating Activity	3.18	-1.68	-0.49	-2.46	0.33
Cash from Investing Activity	-3.24	1.82	0.51	0.62	-1.21
Cash from Financing Activity	0	0	0	2	0.72
Net Cash Flow	-0.05	0.14	0.02	0.16	-0.16
Free Cash Flow	3.18	-1.68	-0.49	-2.46	0.33
CFO/OP	-1,590%	840%	362%	1,070%	-100%
CFO/EBITDAShare of operating profit converting into cash: CFO (before tax) / Operating Profit	-1,590	840	362	1,070	-100

MIDPOLY ratios
Metric	Mar 2015	Mar 2016	Mar 2017	Mar 2022	Mar 2023
Debtor Days	-	-	-	132.75	-
Inventory Days	-	-	-	0	-
Cash Conversion Cycle	-	-	-	132.75	-
Working Capital Days	-	-	-	97.66	-
ROCE	0.69%	0.41%	0.76%	-1.17%	-1.99%