Inkel Limited is a Project Management Consultancy. The Company is in providing total solutions for Infrastructure Projects from super-specialty hospitals and roads to bridges, conservation projects, institutional and industrial buildings, its expertise ensures innovative and cost-efficient solutions, while implementing effective risk management. The commitment extends to delivering projects that are not only environmentally and socially sustainable but also financially viable. Key Financial takeaways for FY23 compared to FY22 ( Consolidated ) 1. Revenue: The revenue from operations decreased by 10% in FY23, amounting to Rs. 82 crore, compared to Rs. 92 crore in FY22. The total revenue for FY23 was Rs. 101 crore, a decrease from Rs. 103 crore in FY22. The net profit of the Company increased 75% to Rs. 14.43 crore in FY23 vs 8.87 Cr in Fy22. 2. Expenses: The Company's expenses decreased by 5% in FY23, totaling Rs. 82 crore, as opposed to Rs. 87 crore in FY22. 3. Profit Before Tax (PBT): The profit before tax increased by 20% in FY23, reaching Rs. 18 crore, compared to Rs. 15 crore in FY22. This indicates improved operational efficiency and cost management. 4. Profit After Tax (PAT): The profit after tax increased significantly by 75% in FY23, amounting to Rs. 14 crore, compared to Rs. 8 crore in FY22. This suggests that the Company's tax burden decreased or that it achieved higher profitability. 5. Earnings Per Share (EPS): The earnings per share (basic and diluted) increased to Rs. 0.77 in FY23, up from Rs. 0.24 in FY22. This indicates better earnings available to shareholders for each outstanding share. 6. Net Assets and Equity: The net assets of the Company dropped by 5% to Rs. 451 crore in FY23, compared to Rs. 469 crore in FY22. Similarly, the total equity and liabilities of the Company also decreased by 5%, reflecting the overall financial position. 7. Net Cash Flow from operating activities: The net cash generated from operating activities significantly decreased to Rs. 10 crore in FY23, down from Rs. 58 crore in FY22 due to high trade receivables. This suggests a potential decline in the Company's operational cash flow. 8. Net Cash Flow from investing and Financial Activities: The net cash used in investing activities increased to Rs. 12 crore in FY23, compared to Rs. 1 crore in FY22. 9. Net Cash Flow from financial activities: The net cash used in financial activities increased to Rs. 17 crore in FY23, up from Rs. 32 crore in FY22. 9. Net Cash and Cash Equivalents: The net cash and cash equivalents at the end of FY23 amounted to Rs. 61 crore, a decrease from Rs. 81 crore at the end of FY22. This suggests that the Company had less cash reserves at the end of the year. Overall, the financial performance indicates that the Company experienced a decrease in revenue and cash flow, but managed to improve profitability with higher profits after tax. However, the decrease in net assets, equity, and cash reserves might raise some concerns about the Company's financial health and ability to meet its financial obligations in the future. New Assignment for INKEL Unlisted Share 1. Funding Source: The projects have received financial sanction from the funding agency, Kerala Infrastructure Investment Fund Board (KIIFB), amounting to ₹1100 Crores. 2. 11 Work Packages: The assignment comprises 11 work packages, focusing on various initiatives related to the Health and Family Welfare Department in Kerala. 3. PMKUSUM Ground Mount Project: INKEL is executing a ground-mounted solar project for the Kerala State Electricity Board (KSEBL) under the Pradhan Mantri Kisan Urja Suraksha evam Utthaan Mahabhiyan (PMKUSUM) initiative. The solar plants will be set up in different locations across Kerala. 4. PMKUSUM Agriculture Pump Solarisation: As part of the ANERT Scheme, INKEL is implementing a 1MW solarization project for agriculture pumps in the districts of Kasaragod and Alappuzha. 5. Hybrid Rooftop Systems in Karnataka: INKEL is installing hybrid rooftop solar systems at various Panchayath Buildings in Karnataka under the Rural Development and Panchayat Raj (RDPR) department's initiative. 6. ANERT Smart City Project in Trivandrum: INKEL is working on a 600Kwp solar power project as part of the ANERT Smart City initiative in Trivandrum. During FY23, the Company didn't raise any funds through fresh issue of shares. https://unlistedzone.com/shares/buy-sell-share-price-inkel-limited-unlisted-shares/