Balance Sheet Cello World Limited

Equities

CELLO

INE0LMW01024

Appliances, Tools & Housewares

End-of-day quote NSE India S.E. Other stock markets 2024-09-13			5-day change	1st Jan Change
916.00 ^INR	-0.45%		+2.24%	+16.37%

08-23	Cello World Forms New Wholly-Owned Subsidiary for Consumerware	MT
08-23	Cello World Limited Announces Intimation of Incorporation of A Wholly Owned Subsidiary	CI

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Published financial data: CELLO WORLD LIMITED

Annual

Quarterly

Halfyear

YTD

LTM

Fiscal Period: March	2021	2022	2023	2024
Revenues	5.24B	13.59B	17.97B	20B
Total Revenues	5.24B	13.59B	17.97B	20B
Cost of Goods Sold, Total	4.04B	6.95B	9.09B	9.58B
Gross Profit	1.2B	6.64B	8.88B	10.42B
Selling General & Admin Expenses, Total	472M	1.49B	1.79B	2.14B
Depreciation & Amortization - (IS)	9.43M	476M	503M	567M
Other Operating Expenses	-	1.82B	2.89B	3.18B
Other Operating Expenses, Total	482M	3.78B	5.18B	5.89B
Operating Income	721M	2.86B	3.7B	4.53B
Interest Expense, Total	-2.24M	-28.5M	-17.56M	-25.53M
Interest And Investment Income	4.35M	57.3M	75.88M	78.1M
Net Interest Expenses	2.11M	28.8M	58.32M	52.57M
Income (Loss) On Equity Invest.	53.97M	-	-110K	-4.72M
Currency Exchange Gains (Loss)	366K	25.99M	20.11M	32.97M
Other Non Operating Income (Expenses)	-2.43M	9.2M	7.31M	1.05M
EBT, Excl. Unusual Items	775M	2.92B	3.79B	4.62B
Gain (Loss) On Sale Of Investments	-	66.04M	53.7M	95.89M
Gain (Loss) On Sale Of Assets	5.15M	780K	8.69M	37.75M
Insurance Settlements	-	20K	400K	-
Other Unusual Items	-	-	1.31M	-
EBT, Incl. Unusual Items	780M	2.99B	3.85B	4.75B
Income Tax Expense	192M	796M	1B	1.19B
Earnings From Continuing Operations	588M	2.2B	2.85B	3.56B
Net Income to Company	588M	2.2B	2.85B	3.56B
Minority Interest	-	-155M	-189M	-251M
Net Income - (IS)	588M	2.04B	2.66B	3.31B
Net Income to Common Incl Extra Items	588M	2.04B	2.66B	3.31B
Net Income to Common Excl. Extra Items	588M	2.04B	2.66B	3.31B
Per Share Items
Net EPS - Basic	3.02	10.46	13.65	15.6
Basic EPS - Continuing Operations	3.02	10.46	13.65	15.6
Basic Weighted Average Shares Outstanding	195M	195M	195M	212M
Net EPS - Diluted	3.02	10.46	13.17	15.6
Diluted EPS - Continuing Operations	3.02	10.46	13.17	15.6
Diluted Weighted Average Shares Outstanding	195M	195M	202M	212M
Normalized Basic EPS	2.49	8.58	11.17	12.41
Normalized Diluted EPS	2.49	8.58	10.78	12.41
Dividend Per Share	-	-	-	1.5
Payout Ratio	-	2.96	3.61	1.4
Supplemental Items
EBITDA	731M	3.31B	4.18B	5.06B
EBITA	721M	2.86B	3.7B	4.53B
EBIT	721M	2.86B	3.7B	4.53B
EBITDAR	-	3.48B	4.39B	5.31B
Total Revenues (As Reported)	5.31B	13.75B	18.13B	20.25B
Effective Tax Rate - (Ratio)	24.66	26.61	26	25.01
Total Current Taxes	188M	809M	1.01B	1.14B
Total Deferred Taxes	-1.13M	-13.49M	-10.61M	45.12M
Normalized Net Income	485M	1.67B	2.18B	2.63B
Interest on Long-Term Debt	-	10.33M	9.51M	8.24M
Non-Cash Pension Expense	-	1.85M	3.36M	1.25M
Supplemental Operating Expense Items
Marketing Expenses	733K	-	-	-
Selling and Marketing Expenses	211M	-	-	-
General and Administrative Expenses	48.51M	-	-	-
Research And Development Expense From Footnotes	-	3.69M	10.2M	5.94M
Net Rental Expense, Total	-	170M	212M	248M
Imputed Operating Lease Interest Expense	-	9.75M	4.64M	8.53M
Imputed Operating Lease Depreciation	-	161M	207M	240M
Maintenance & Repair Expenses, Total	2.95M	163M	132M	94.85M

Fiscal Period: March	2021	2022	2023	2024
Assets
Cash And Equivalents	191M	363M	306M	322M
Short Term Investments	210K	44.47M	53M	320M
Trading Asset Securities, Total	-	1.15B	1.26B	1.14B
Total Cash And Short Term Investments	191M	1.56B	1.62B	1.78B
Accounts Receivable, Total	2.14B	4.07B	4.62B	6.11B
Other Receivables	-	45.97M	43.07M	14.64M
Notes Receivable	19.16M	20.18M	11.67M	10.49M
Total Receivables	2.16B	4.13B	4.68B	6.13B
Inventory	790M	3.77B	4.3B	4.62B
Prepaid Expenses	2.9M	18.85M	17.17M	19.56M
Other Current Assets, Total	84.65M	477M	784M	677M
Total Current Assets	3.23B	9.95B	11.4B	13.23B
Gross Property Plant And Equipment	600M	3.93B	4.6B	7.61B
Accumulated Depreciation	-392M	-1.23B	-1.68B	-2.21B
Net Property Plant And Equipment	209M	2.7B	2.92B	5.39B
Long-term Investments	-	385M	540M	593M
Other Intangibles, Total	2.4M	32.95M	51.86M	24.28M
Loans Receivable Long-Term	-	12.31M	76.37M	81.86M
Deferred Tax Assets Long-Term	1.79M	27.99M	47.16M	20.77M
Other Long-Term Assets, Total	2.68M	229M	481M	371M
Total Assets	3.44B	13.34B	15.52B	19.72B
Liabilities
Accounts Payable, Total	296M	1.26B	1.34B	1.44B
Accrued Expenses, Total	143M	94.75M	143M	178M
Short-term Borrowings	2B	4.52B	3.17B	3.35B
Current Portion of Leases	-	17.34M	19.05M	23.67M
Current Income Taxes Payable	-	33.61M	35.51M	32.46M
Other Current Liabilities	40.67M	4.47B	342M	509M
Total Current Liabilities	2.48B	10.39B	5.05B	5.53B
Long-Term Debt	-	-	4.92B	277M
Long-Term Leases	-	86.97M	71.35M	56.02M
Pension & Other Post Retirement Benefits	-	45.01M	25.01M	25.28M
Deferred Tax Liability Non Current	-	83.88M	84.07M	126M
Other Non Current Liabilities	-1	-	-	3K
Total Liabilities	2.48B	10.61B	10.15B	6.02B
Common Stock, Total	100K	100K	975M	1.06B
Additional Paid In Capital	-	10K	10K	4.72B
Retained Earnings	962M	4.44B	5.68B	8.99B
Comprehensive Income and Other	-	-3.56B	-3.29B	-3.28B
Total Common Equity	962M	876M	3.36B	11.49B
Minority Interest	700K	1.85B	2B	2.21B
Total Equity	963M	2.73B	5.36B	13.7B
Total Liabilities And Equity	3.44B	13.34B	15.52B	19.72B
Supplemental Items
ECS Total Shares Outstanding on Filing Date	195M	195M	195M	212M
ECS Total Common Shares Outstanding	195M	195M	195M	212M
Book Value / Share	4.93	4.49	17.25	54.15
Tangible Book Value	960M	844M	3.31B	11.47B
Tangible Book Value Per Share	4.92	4.33	16.99	54.03
Total Debt	2B	4.63B	8.18B	3.71B
Net Debt	1.81B	3.07B	6.56B	1.92B
Debt Equivalent of Unfunded Proj. Benefit Obligation	-	53.12M	27.09M	26.04M
Debt Equivalent Oper. Leases	-	1.36B	1.69B	1.99B
Minority Interest, Total (Incl. Fin. Div)	700K	1.85B	2B	2.21B
Equity Method Investments, Total	-	-	7.89M	3.17M
Account Code - Inventory Valuation	5	-	5	5
Inventories - Raw Materials, Total	202M	1.37B	1.27B	1.53B
Inventories - Work In Process, Total	371M	341M	418M	586M
Inventories - Finished Goods, Total	218M	2.05B	2.61B	2.49B
Inventories - Others	-	2.61M	1.86M	16.16M
Land - (BS)	-	45.38M	121M	151M
Buildings, Total	-	641M	503M	503M
Machinery, Total	600M	2.89B	3.49B	4.87B
Full Time Employees	-	-	-	5.74K
Accumulated Allowance for Doubtful Accounts (Supple)	-	55.74M	62.52M	54.56M

Fiscal Period: March	2021	2022	2023	2024
Net Income	-	2.04B	2.66B	3.31B
Depreciation & Amortization - CF	-	474M	501M	549M
Depreciation & Amortization, Total	-	474M	501M	549M
Amortization of Deferred Charges, Total - (CF)	-	1.92M	2.65M	18.8M
(Gain) Loss From Sale Of Asset	-	-780K	-4.96M	-37.75M
(Gain) Loss on Sale of Investments - (CF)	-	-66.04M	-53.7M	-95.89M
(Income) Loss On Equity Investments - (CF)	-	-	-	4.72M
Provision and Write-off of Bad Debts	-	18.75M	6.78M	18.36M
Other Operating Activities, Total	-	133M	311M	211M
Change In Accounts Receivable	-	-420M	-636M	-1.48B
Change In Inventories	-	-716M	-532M	-324M
Change In Accounts Payable	-	362M	89.37M	90.2M
Change in Other Net Operating Assets	-	47.25M	-71.41M	47.62M
Cash from Operations	-	1.87B	2.27B	2.31B
Capital Expenditure	-	-491M	-1.12B	-2.64B
Sale of Property, Plant, and Equipment	-	5.76M	110M	112M
Cash Acquisitions	-	-	-3.31B	-
Divestitures	-	-	1.5M	-
Sale (Purchase) of Intangible assets	-	-30.74M	-21.56M	-
Investment in Marketable and Equity Securities, Total	-	-243M	-341M	-92.93M
Other Investing Activities, Total	-	-1.86B	-885M	64.7M
Cash from Investing	-	-2.62B	-5.57B	-2.56B
Short Term Debt Issued, Total	-	3.91B	1.54B	671M
Long-Term Debt Issued, Total	-	-	-	406M
Total Debt Issued	-	3.91B	1.54B	1.08B
Short Term Debt Repaid, Total	-	-1.18B	-2.8B	-484M
Long-Term Debt Repaid, Total	-	-1.52B	-38.15M	-245M
Total Debt Repaid	-	-2.7B	-2.83B	-729M
Repurchase of Common Stock	-	-	-151M	-
Issuance of Preferred Stock	-	-	4.75B	-
Common Dividends Paid	-	-60.38M	-96.1M	-46.38M
Common & Preferred Stock Dividends Paid	-	-60.38M	-96.1M	-46.38M
Other Financing Activities, Total	-	-210M	32.03M	-42.04M
Cash from Financing	-	941M	3.24B	260M
Miscellaneous Cash Flow Adjustments	-	-	-	1K
Net Change in Cash	-	196M	-56.51M	15.61M
Supplemental Items
Cash Interest Paid	-	-	-	22.29M
Cash Income Tax Paid (Refund)	-	843M	1.01B	1.16B
Levered Free Cash Flow	-	-912M	-3.71B	-783M
Unlevered Free Cash Flow	-	-895M	-3.7B	-767M
Change In Net Working Capital	-	2.64B	5.37B	1.53B
Net Debt Issued / Repaid	-	1.21B	-1.3B	348M

Fiscal Period: March	2021	2022	2023	2024
Profitability
Return on Assets	-	14.42	16.04	16.09
Return on Total Capital	-	31.49	22.14	18.31
Return On Equity %	-	129.81	70.46	37.37
Return on Common Equity	-	-2.14K	125.51	44.57
Margin Analysis
Gross Profit Margin %	22.94	48.88	49.42	52.11
SG&A Margin	9.01	10.96	9.95	10.71
EBITDA Margin %	13.94	24.37	23.26	25.29
EBITA Margin %	13.76	21.04	20.61	22.67
EBIT Margin %	13.76	21.04	20.61	22.67
Income From Continuing Operations Margin %	11.21	16.15	15.87	17.81
Net Income Margin %	11.21	15.01	14.81	16.55
Net Avail. For Common Margin %	11.21	15.01	14.81	16.55
Normalized Net Income Margin	9.24	12.3	12.12	13.17
Levered Free Cash Flow Margin	-	-6.71	-20.64	-3.91
Unlevered Free Cash Flow Margin	-	-6.58	-20.57	-3.83
Asset Turnover
Asset Turnover	-	1.1	1.25	1.14
Fixed Assets Turnover	-	5.1	6.39	4.81
Receivables Turnover (Average Receivables)	-	3.49	4.13	3.73
Inventory Turnover (Average Inventory)	-	2.03	2.25	2.15
Short Term Liquidity
Current Ratio	1.3	0.96	2.25	2.39
Quick Ratio	0.94	0.55	1.24	1.43
Operating Cash Flow to Current Liabilities	-	0.18	0.45	0.42
Days Sales Outstanding (Average Receivables)	-	104.48	88.27	98.16
Days Outstanding Inventory (Average Inventory)	-	179.52	161.93	170.39
Average Days Payable Outstanding	-	53.46	49.27	51.44
Cash Conversion Cycle (Average Days)	-	230.54	200.93	217.11
Long Term Solvency
Total Debt/Equity	207.7	169.7	152.54	27.06
Total Debt / Total Capital	67.5	62.92	60.4	21.3
LT Debt/Equity	-	3.19	93.01	2.43
Long-Term Debt / Total Capital	-	1.18	36.83	1.92
Total Liabilities / Total Assets	72.03	79.55	65.43	30.53
EBIT / Interest Expense	322.26	100.36	210.83	177.59
EBITDA / Interest Expense	326.47	116.98	239.34	199.08
(EBITDA - Capex) / Interest Expense	326.47	99.73	175.5	95.68
Total Debt / EBITDA	2.74	1.39	1.95	0.73
Net Debt / EBITDA	2.48	0.92	1.56	0.38
Total Debt / (EBITDA - Capex)	2.74	1.63	2.65	1.52
Net Debt / (EBITDA - Capex)	2.48	1.08	2.13	0.79
Growth Over Prior Year
Total Revenues, 1 Yr. Growth %	-	29.51	32.19	11.33
Gross Profit, 1 Yr. Growth %	-	27.75	33.66	17.39
EBITDA, 1 Yr. Growth %	-	20.29	26.17	20.82
EBITA, 1 Yr. Growth %	-	25.53	29.44	22.25
EBIT, 1 Yr. Growth %	-	25.53	29.44	22.25
Earnings From Cont. Operations, 1 Yr. Growth %	-	32.6	29.85	24.95
Net Income, 1 Yr. Growth %	-	34.92	30.46	24.4
Normalized Net Income, 1 Yr. Growth %	-	28.02	30.24	20.93
Diluted EPS Before Extra, 1 Yr. Growth %	-	34.97	25.91	18.44
Accounts Receivable, 1 Yr. Growth %	-	9.5	13.67	32.07
Inventory, 1 Yr. Growth %	-	22.68	14.13	7.54
Net Property, Plant and Equip., 1 Yr. Growth %	-	2.57	8.28	84.65
Total Assets, 1 Yr. Growth %	-	16.32	16.35	27.07
Tangible Book Value, 1 Yr. Growth %	-	-178.71	292.72	246.19
Common Equity, 1 Yr. Growth %	-	-182.1	283.87	241.57
Cash From Operations, 1 Yr. Growth %	-	-3.28	21.41	1.69
Capital Expenditures, 1 Yr. Growth %	-	93.78	128.08	135.51
Levered Free Cash Flow, 1 Yr. Growth %	-	-	306.35	-78.78
Unlevered Free Cash Flow, 1 Yr. Growth %	-	-	313.21	-79.15
Compound Annual Growth Rate Over Two Years
Total Revenues, 2 Yr. CAGR %	-	-	30.84	21.31
Gross Profit, 2 Yr. CAGR %	-	-	30.67	25.26
EBITDA, 2 Yr. CAGR %	-	-	23.19	23.15
EBITA, 2 Yr. CAGR %	-	-	27.47	25.91
EBIT, 2 Yr. CAGR %	-	-	27.47	25.91
Earnings From Cont. Operations, 2 Yr. CAGR %	-	-	31.22	27.38
Net Income, 2 Yr. CAGR %	-	-	32.67	27.39
Normalized Net Income, 2 Yr. CAGR %	-	-	29.12	23.96
Diluted EPS Before Extra, 2 Yr. CAGR %	-	-	30.36	22.12
Accounts Receivable, 2 Yr. CAGR %	-	-	11.56	22.52
Inventory, 2 Yr. CAGR %	-	-	18.33	10.79
Net Property, Plant and Equip., 2 Yr. CAGR %	-	-	5.39	41.4
Total Assets, 2 Yr. CAGR %	-	-	16.34	21.59
Tangible Book Value, 2 Yr. CAGR %	-	-	75.81	268.72
Common Equity, 2 Yr. CAGR %	-	-	77.53	262.11
Cash From Operations, 2 Yr. CAGR %	-	-	8.36	11.11
Capital Expenditures, 2 Yr. CAGR %	-	-	110.23	131.78
Levered Free Cash Flow, 2 Yr. CAGR %	-	-