Balance Sheet of HCL Info Systems Ltd

Particulars Mar ' 22 Mar ' 21 Mar ' 20 Mar ' 19 Mar ' 18
Liabilities
Equity share capital 65.84 65.84 65.84 65.84 65.84
Share application money - - - - -
Preference share capital - - - - -
Reserves & surplus -286.24 -310.68 -105.66 212.99 420.31
Loan funds
Secured loans 414.03 473.92 443.35 589.39 843.93
Unsecured loans - - - - -
Total 193.63 229.08 403.53 868.22 1,330.08
Assets
Fixed assets
Gross block 6.55 48.46 76.7 75.38 94.05
Less : revaluation reserve - - - - -
Less : accumulated depreciation 2.37 13.25 21.9 16.2 12.1
Net block 4.18 35.21 54.8 59.18 81.95
Capital work-in-progress 0.09 0.16 - 0.04 -
Investments 79 0.04 0.04 0.04 163.28
Net current assets
Current assets, loans & advances 242.27 335.82 802.99 1,638.20 2,011.58
Less : current liabilities & provisions 131.91 142.15 454.3 829.24 926.73
Total net current assets 110.36 193.67 348.69 808.96 1,084.85
Miscellaneous expenses not written - - - - -
Total 193.63 229.08 403.53 868.22 1,330.08

Comparative Balance Sheet

Absolute % Increase /
Particulars 2021 2022
Change Decrease
Sources of Funds / Owners Fund
Equity Share Capital 65.84 65.84 0 0
Reserves & Surplus -310.68 -286.24 24.44 -7.87
Secured Loan 473.92 414.03 -59.89 -12.64
Total Liabilities 229.08 193.63 -35.45 -15.47
Uses of Funds
Fixed Assets
Gross Block 48.46 6.55 -41.91 -86.48
Less Acc. Depreciation 13.25 2.37 -10.88 -82.11
Net Block 35.21 4.18 -31.03 -88.13
Capital Work - in - Progress 0.16 0.09 -0.07 -43.75
Investments 0.04 79 78.96 197400.00
Net Current Assets
Current Assets Loans & Advances 335.82 242.27 -93.55 -27.86
Less: Current Liabilities & Provision 142.15 131.91 -10.24 -7.20
Total Net Current Assets 193.67 110.36 -83.31 -43.02
Total Assets 229.08 193.63 -35.45 -15.47
INTERPRETATION
As we can see in the comparative Balance Sheet above, the Current Assets of
HCL Info Systems Ltd have decreased by Rs.83.31 Cr in the year 2022 over
2021.The Fixed Asset have decreased by Rs.31.03 Cr.
On the other hand, the Non Current Liabilities
have increased by Rs. 10982.9 Cr in the year 2022 over 2021, which is decreased
by15.47%.
Common Size Balance sheet

% Increase / % Increase / % Increase / % Increase / % Increase /

Particulars 2022
Decrease
2021
Decrease
2020
Decrease
2019
Decrease
2018
Decrease
Equity share capital 65.84 34% 65.84 28.74% 65.84 16% 65.84 7.6% 65.84 4.95%
Reserves & surplus -286.68 -148% -310.68 -135.62% -105.66 -26% 212.99 24.5% 420.31 31.60%
Secured loans 414.03 214% 473.92 206.88% 443.35 110% 589.39 67.9% 843.93 63.45%
Total Liabilities 193.19 100 229.08 100 403.53 100 868.22 100 1330.08 100

Uses of Fund
Fixed Asset 4.18 2% 35.21 15% 54.8 14% 59.18 7% 81.95 6%
Capital Work - in - Progress 0.09 0% 0.16 0% 0.04 0%
Investments 79 41% 0.04 0% 0.04 0% 0.04 0% 163.28 12%
Net Current Assets 110.36 57% 193.67 85% 348.69 86% 808.96 93% 1084.85 82%
Total Assets 193.63 100% 229.08 100% 403.53 100% 868.22 100% 1330.08 100%

Common Size Balance Sheet

1400

1200

1000

800

600

400

200

0
2022 2021 2020 2019 2018

Profit and Loss Account

(Rs crore)
Particulars Mar ' 22 Mar ' 21 Mar ' 20 Mar ' 19 Mar ' 18
Income
Operating income 9.19 217.36 1,648.13 3,581.45 2,950.30
Expenses
Material consumed 8.12 205.56 1,609.60 3,456.54 2,837.41
Manufacturing expenses 0.26 0.41 6.33 17.08 8.74
Personnel expenses 6.68 28.38 56.54 65.88 58.96
Selling expenses 0.09 0.42 0.21 1.43 1.55
Adminstrative expenses 56.35 66.57 66.6 61.94 56.11
Expenses capitalised - - - - -
Cost of sales 71.5 301.34 1,739.28 3,602.87 2,962.77
Operating profit -62.31 -83.98 -91.15 -21.42 -12.47
Other recurring income 28.37 23.63 29.65 60.07 52.72
Adjusted PBDIT -33.94 -60.35 -61.5 38.65 40.25
Financial expenses 12.64 49.5 84.27 103.37 112.69
Depreciation 1.35 4.03 7.41 8.38 4.44
Other write offs - - - - -
Adjusted PBT -47.93 -113.88 -153.18 -73.1 -76.88
Tax charges - - 63.55 - 1.07
Adjusted PAT - - -216.73 - -77.95
Non recurring items 72.36 -91.13 -101.92 -134.22 -553.45
Other non cash adjustments - - - - -
Reported net profit 24.43 -205.01 -318.65 -207.32 -631.4
Earnigs before appropriation -1,696.45 -1,720.88 -1,515.87 -1,197.22 -989.9
Equity dividend - - - - -
Preference dividend - - - - -
Dividend tax - - - - -
Retained earnings -1,696.45 -1,720.88 -1,515.87 -1,197.22 -989.9

Trend Analysis
BASE YEAR - 2019
Trend Percentages
Particulars
2022 2021 2020 2019 2018
Income
Operating income 0.3% 6% 46% 100% 82%
Expenses
Material consumed 0.2% 6% 47% 100% 82%
Manufacturing expenses 1.5% 2% 37% 100% 51%
Personnel expenses 10.1% 43% 86% 100% 89%
Selling expenses 6.3% 29% 15% 100% 108%
Adminstrative expenses 91.0% 107% 108% 100% 91%
Expenses capitalised
Cost of sales 2.0% 8% 48% 100% 82%
Operating profit 290.9% 392% 426% 100% 58%
Other recurring income 47.2% 39% 49% 100% 88%
Adjusted PBDIT -87.8% -156% -159% 100% 104%
Financial expenses 12.2% 48% 82% 100% 109%
Depreciation 16.1% 48% 88% 100% 53%
Other write offs
Adjusted PBT 65.6% 156% 210% 100% 105%
Tax charges
Adjusted PAT
Non recurring items -53.9% 68% 76% 100% 412%
Other non cash adjustments
Reported net profit -11.8% 99% 154% 100% 305%
Earnigs before appropriation 141.7% 144% 127% 100% 83%
Equity dividend
Preference dividend
Dividend tax
Retained earnings 141.7% 144% 127% 100% 83%

TREND PERCENTAGES
500.0%

400.0%

300.0%

200.0%

100.0%

0.0%
2022 2021 2020 2019 2018

-100.0%

-200.0%
Balance sheet of Infosys Ltd
(Rs crore)

Particulars Mar ' 22 Mar ' 21 Mar ' 20 Mar ' 19 Mar ' 18
LIABILITIES
Equity share capital 2,103.00 2,130.00 2,129.00 2,178.00 1,092.00
Share application money 606 372 297 - -
Preference share capital - - - - -
Reserves & surplus 66,597.00 69,029.00 59,808.00 60,533.00 62,410.00
Loan funds
Secured loans - - - - -
Unsecured loans - - - - -
Total ### 71,531.00 ### 62,711.00 ###
ASSETS
Fixed assets
Gross block 29,572.00 28,660.00 25,988.00 20,578.00 18,079.00
Less : revaluation reserve - - - - -
Less : accumulated depreciation 14,634.00 14,061.00 12,014.00 10,081.00 8,922.00
Net block 14,938.00 14,599.00 13,974.00 10,497.00 9,157.00
Capital work-in-progress 411 906 945 1,212.00 1,442.00
Investments 28,336.00 24,155.00 17,922.00 18,139.00 17,899.00
Net current assets
Current assets, loans & advances 55,702.00 54,279.00 48,200.00 49,082.00 47,379.00
Less : current liabilities & provisions 30,081.00 22,408.00 18,807.00 16,219.00 12,375.00
Total net current assets 25,621.00 31,871.00 29,393.00 32,863.00 35,004.00
Miscellaneous expenses not written - - - - -
Total 69,306.00 71,531.00 62,234.00 62,711.00 63,502.00

Comparative Balance Sheet

%
Absolute
Particulars 2021 2022 Increase /
Change
Decrease
Sources of Funds / Owners Fund
Equity Share Capital 2130 2103 -27 -1.27
Share Application Money 372 606 234 62.90
Reserves & Surplus 69029 66597 -2432 -3.52
Total Liabilities 71531 69306 -2225 -3.11
Uses of Funds
Fixed Assets
Gross Block 28660 29572 912 3.18
Less Acc. Depreciation 14061 14634 573 4.08
Net Block 14599 14938 339 2.32
Capital Work - in - Progress 906 411 -495 -54.64
Investments 24155 28336 4181 17.31
Net Current Asset
Current Assets: Loans & Advances 54279 55702 1423 2.62
Less Current Liabilities and Provisions 22408 30081 7673 34.24
Total Net Current Asset 31871 25621 -6250 -19.61
Total Assets 71531 69306 -2225 -3.11

INTERPRETATION

As we can see in the comparative Balance Sheet above, the Current Assets of Infosys `
Ltd have decreased by Rs.6250 Cr in the year 2022 over 2021.The Fixed Asset have
Increased by Rs.339 Cr.
On the other hand, the Non Current Liabilities have idecreased by Rs. 2225.00 Cr in the
year 2022 over 2021, which is decreased by 3.11%.

Common Size Balance Sheet

% %
% % % Increase Increase
Particulars 2022 (ncrease / 2021 Increase / 2020 Increase / 2019 / 2018 /
Decrease Decrease Decrease Decreas Decreas
Equity share capital 2103 3.0% 2130 2.98% 2129 3.42% 2178 e
3.47% 1092 e
1.72%
Share Application Money 606 0.9% 372 0.52% 297 0.48%
Reserves & surplus 66597 96.1% 69029 96.50% 59808 96.10% 60533 96.53% 62410 98.28%
Secured loans

Total Liabilities 69306 100 71531 100 62234 100 62711 100 63502 100

Uses of Fund
Fixed Asset 14938 21.6% 14599 20% 13974 22% 10497 16.74% 8922 14.05%
Capital Work - in - Progress 411 0.6% 906 1% 945 2% 1212 1.93% 1442 2.27%
Investments 28336 40.9% 24155 34% 17922 29% 18139 28.92% 17899 28.19%
Net Current Assets 25621 36.97% 31871 45% 29393 47% 32863 52.40% 35004 55.12%
Total Assets 69306 100% 71531 100% 62234 100% 62711 100% 63502 100%

Common Size Balance Sheet

72000

70000

68000

66000

64000

62000

60000

58000

56000
2022 2021 2020 2019 2018

Profit and Loss Account

(Rs crore)
Particulars Mar ' 22 Mar ' 21 Mar ' 20 Mar ' 19 Mar ' 18
Income
Operating income 103940.00 85,912.00 79,047.00 73,107.00 61,941.00
Expenses
Material consumed - - - - -
Manufacturing expenses 21,958.00 13,533.00 13,791.00 12,633.00 9,561.00
Personnel expenses 51,664.00 45,179.00 42,434.00 38,296.00 32,472.00
Selling expenses - - - - -
Adminstrative expenses 2,490.00 2,743.00 2,787.00 3,504.00 2,611.00
Expenses capitalised - - - - -
Cost of sales 76,112.00 61,455.00 59,012.00 54,433.00 44,644.00
Operating profit 27,828.00 24,457.00 20,035.00 18,674.00 17,297.00
Other recurring income 3,224.00 2,467.00 2,700.00 2,852.00 4,019.00
Adjusted PBDIT 31,052.00 26,924.00 22,735.00 21,526.00 21,316.00
Financial expenses 128 126 114 - -
Depreciation 2,429.00 2,321.00 2,144.00 1,599.00 1,408.00
Other write offs - - - - -
Adjusted PBT 28,495.00 24,477.00 20,477.00 19,927.00 19,908.00
Tax charges 7,260.00 6,429.00 4,934.00 5,225.00 3,753.00
Adjusted PAT 21,235.00 18,048.00 15,543.00 14,702.00 16,155.00
Non recurring items - - - - -
Other non cash adjustments - - - - -
Reported net profit 21,235.00 18,048.00 15,543.00 14,702.00 16,155.00
Earnigs before appropriation 78,753.00 70,467.00 69,596.00 70,373.00 66,112.00
Equity dividend 12,700.00 9,158.00 9,553.00 13,768.00 7,500.00
Preference dividend - - - - -
Dividend tax - - - - 0.01
Retained earnings 66,053.00 61,309.00 60,043.00 56,605.00 58,611.99

Trend Analysis
BASE YEAR - 2020
Trend Percentages
Particulars
2022 2021 2020 2019 2018
Income
Operating income 131% 109% 100% 92% 78%
Expenses
Material consumed
Manufacturing expenses 159% 98% 100% 92% 69%
Personnel expenses 122% 106% 100% 90% 77%
Selling expenses
Adminstrative expenses 89% 98% 100% 126% 94%
Expenses capitalised
Cost of sales 129% 104% 100% 92% 76%
Operating profit 139% 122% 100% 93% 86%
Other recurring income 119% 91% 100% 106% 149%
Adjusted PBDIT 137% 118% 100% 95% 94%
Financial expenses 112% 111% 100%
Depreciation 113% 108% 100% 75% 66%
Other write offs
Adjusted PBT 139% 120% 100% 97% 97%
Tax charges 147% 130% 100% 106% 76%
Adjusted PAT 137% 116% 100% 95% 104%
Non recurring items
Other non cash adjustments
Reported net profit 137% 116% 100% 95% 104%
Earnigs before appropriation 113% 101% 100% 101% 95%
Equity dividend 133% 96% 100% 144% 79%
Preference dividend
Dividend tax
Retained earnings 110% 102% 100% 94% 98%

Trend Percentages
180%

160%

140%

120%

100%

80%

60%

40%

20%

0%
2022 2021 2020 2019 2018
Balance sheet - Tech Mahendra Ltd
(Rs crore)
Particulars Mar ' 22 Mar ' 21 Mar ' 20 Mar ' 19 Mar ' 18
LIABILITIES
Equity share capital 485.9 484.1 482.9 491.7 489.7
Share application money 1,234.00 1,235.50 1,643.30 1,232.40 1,232.70
Preference share capital - - - - -
Reserves & surplus 25,359.70 24,526.60 21,377.60 20,153.70 19,049.10
Loan funds
Secured loans - - - 4.3 145
Unsecured loans - - - - -
Total 27,079.60 26,246.20 23,503.80 21,882.10 20,916.50
ASSETS
Fixed assets
Gross block 8,046.90 7,862.60 7,717.70 6,709.90 7,073.90
Less : revaluation reserve - - - - -
Less : accumulated depreciation 4,872.50 4,814.90 4,382.00 3,924.40 3,843.50
Net block 3,174.40 3,047.70 3,335.70 2,785.50 3,230.40
Capital work-in-progress 132.2 111.4 35.2 271.3 235.4
Investments 14,821.20 16,552.40 10,648.60 12,960.70 10,108.10
Net current assets
Current assets, loans & advances 16,877.00 13,663.20 16,302.50 14,322.10 13,224.90
Less : current liabilities & provisions 7,925.20 7,128.50 6,818.20 8,457.50 5,882.30
Total net current assets 8,951.80 6,534.70 9,484.30 5,864.60 7,342.60
Miscellaneous expenses not written - - - - -
Total 27,079.60 26,246.20 23,503.80 21,882.10 20,916.50

Comparative Balance Sheet

Absolute % Increase /
Particulars 2021 2022
Change Decrease
Sources of Funds / Owners Fund
Equity Share Capital 484.1 485.9 1.8 0.37
Share Application Money 1235.5 1234 -1.5 -0.12
Reserves & Surplus 24526.6 25359.7 833.1 3.40
Grand Total 26246.2 27079.6 833.4 3.18
Uses of Funds
Fixed Assets
Gross Block 7862.6 8046.9 184.3 2.34
Less Acc. Depreciation 4814.9 4872.5 57.6 1.20
Net Block 3047.7 3174.4 126.7 4.16
Capital Work - in - Progress 111.4 132.2 20.8 18.67
Investments 16552.4 14821.2 -1731.2 -10.46
Net Current Asset 0 #DIV/0!
Current Assets: Loans & Advances 13663.2 16877 3213.8 23.52
Less Current Liabilities and Provisions 7128.5 7925.2 796.7 11.18
Total Net Current Asset 6534.7 8951.8 2417.1 36.99
Grand Total 26246.2 27079.6 833.4 3.18

INTERPRETATION:-

As we can see in the comparative Balance Sheet above, the Current Assets of Tech
Mahendra Ltd have increased by Rs.2417.1 Cr in the year 2022 over 2021.The Fixed Asset
have Increased by Rs.126.7 Cr.
On the other hand, the Non Current Liabilities haveIncreased by Rs. 833.4 Cr in the year
2022 over 2021, which is Increased by3.18%.

Common Size Balance Sheet

% Increase / % Increase / % Increase /

Particulars 2022 2021 2020 2019
Decrease Decrease Decrease
Equity share capital 485.9 1.8% 484.1 1.84% 482.9 2% 491.7
Share Application Money 1234 4.6% 1235.5 4.71% 1643.3 7% 1232.4
Reserves & surplus 25359.7 93.6% 24526.6 93.45% 21377.6 91% 20153.7
Secured loans 4.3
Total Liabilities 27079.6 100 26246.2 100 23503.8 100 21882.1

Uses of Fund

Fixed Asset 3174.4 11.7% 3047.7 11.6% 3335.7 14.2% 2785.5

Capital Work - in - Progress 132.2 0.5% 111.4 0.4% 35.2 0.1% 271.3
Investments 14821.2 55% 16552.4 63.1% 10648.6 45.3% 12960.7
Net Current Assets 8,951.80 33% 6,534.70 25% 9,484.30 40.4% 5,864.60
Total Assets 27079.6 100% 26246.2 100% 23503.8 100% 21882.1

Common Size Balance Sheet

30000

25000

20000

15000

10000

5000

0
2022 2021 2020 2019 2018
Profit and Loss Account
(Rs crore)
Particulars Mar ' 22 Mar ' 21 Mar ' 20 Mar ' 19 Mar ' 18
Income
Operating income 34,726.10 29,640.90 29,225.40 27,219.60 23,661.20
Expenses
Material consumed - - - - -
Manufacturing expenses 13,858.80 11,320.60 11,607.40 10,257.00 9,149.00
Personnel expenses 11,054.20 9,162.60 9,282.70 8,444.00 8,106.50
Selling expenses 100.9 40.6 139.7 68.8 37.6
Adminstrative expenses 4,226.90 3,786.80 4,495.50 3,280.80 2,465.30
Expenses capitalised - - - - -
Cost of sales 29,240.80 24,310.60 25,525.30 22,050.60 19,758.40
Operating profit 5,485.30 5,330.30 3,700.10 5,169.00 3,902.80
Other recurring income 1,522.80 921.8 2,366.20 960.1 1,730.70
Adjusted PBDIT 7,008.10 6,252.10 6,066.30 6,129.10 5,633.50
Financial expenses 63.6 63.2 66.7 43.1 70.8
Depreciation 659.9 662.3 667.4 658.7 656.2
Other write offs - - - - -
Adjusted PBT 6,284.60 5,526.60 5,332.20 5,427.30 4,906.50
Tax charges 1,371.50 1,287.50 797.7 1,046.90 907.2
Adjusted PAT 4,913.10 4,239.10 4,534.50 4,380.40 3,999.30
Non recurring items -25.2 2 -8.9 0.8 12.8
Other non cash adjustments - - - - -
Reported net profit 4,887.90 4,241.10 4,525.60 4,381.20 4,012.10
Earnigs before appropriation 24,975.30 22,643.20 21,713.00 19,430.70 16,091.00
Equity dividend 4,362.40 1,933.50 2,752.20 1,112.30 1,036.10
Preference dividend - - - - -
Dividend tax - - - 264.4 -
Retained earnings 20,612.90 20,709.70 18,960.80 18,054.00 15,054.90

Trend Analysis
BASE YEAR - 2021
Trend Percentages
Particulars
2022 2021 2020 2019 2018
Income
Operating income 117% 100% 99% 92% 80%
Expenses
Material consumed
Manufacturing expenses 122% 100% 103% 91% 81%
Personnel expenses 121% 100% 101% 92% 88%
Selling expenses 249% 100% 344% 169% 93%
Adminstrative expenses 112% 100% 119% 87% 65%
Expenses capitalised
Cost of sales 120% 100% 105% 91% 81%
Operating profit 103% 100% 69% 97% 73%
Other recurring income 165% 100% 257% 104% 188%
Adjusted PBDIT 112% 100% 97% 98% 90%
Financial expenses 101% 100% 106% 68% 112%
Depreciation 100% 100% 101% 99% 99%
Other write offs
Adjusted PBT 114% 100% 96% 98% 89%
Tax charges 107% 100% 62% 81% 70%
Adjusted PAT 116% 100% 107% 103% 94%
Non recurring items -1260% 100% -445% 40% 640%
Other non cash adjustments
Reported net profit 115% 100% 107% 103% 95%
Earnigs before appropriation 110% 100% 96% 86% 71%
Equity dividend 226% 100% 142% 58% 54%
Preference dividend
Dividend tax
Retained earnings 100% 100% 92% 87% 73%

TREND PERCENTAGE
700%

500%

300%

100%

2022 2021 2020 2019 2018

-100%

-300%

-500%

-700%

-900%

-1100%

-1300%
mmon Size Balance Sheet

% Increase / % Increase /
2018
Decrease Decrease
2% 489.7 2%
6% 1232.7 6%
92% 19049.1 91%
0.02% 145 1%
100 20916.5 100

12.73% 3230.4 15.44%

1.24% 235.4 1.13%
59.23% 10108.1 48.33%
26.80% 7,342.60 35.10%
100% 20916.5 100%

Common Size Balance Sheet

2021 2020 2019 2018

Balance sheet - L & T Technology Services Ltd
(Rs crore)
Particulars Mar ' 22 Mar ' 21 Mar ' 20 Mar ' 19 Mar ' 18
LIABILITIES
Equity share capital 21.1 21 20.9 20.8 20.5
Share application money 18.6 29.6 35.3 34.4 -
Preference share capital - - - - -
Reserves & surplus 3,941.90 3,289.50 2,563.80 2,380.70 1,944.80
Loan funds
Secured loans - - 23.9 42.6 -
Unsecured loans - - - - -
Total 3,981.60 3,340.10 2,643.90 2,478.50 1,965.30
ASSETS
Fixed assets
Gross block 1,293.90 1,386.40 1,206.50 682.5 628
Less : revaluation reserve - - - - -
Less : accumulated depreciation 279.5 366.8 247 117.1 75
Net block 1,014.40 1,019.60 959.5 565.4 553
Capital work-in-progress 9.9 11.9 8.7 - 0.1
Investments 1,647.30 1,700.60 765.2 752.4 322.5
Net current assets
Current assets, loans & advances 3,036.70 2,088.00 2,348.30 1,907.50 1,717.30
Less : current liabilities & provisions 1,726.70 1,480.00 1,437.80 746.8 627.6
Total net current assets 1,310.00 608 910.5 1,160.70 1,089.70
Miscellaneous expenses not written - - - - -
Total 3,981.60 3,340.10 2,643.90 2,478.50 1,965.30

Comparative Balance Sheet

Absolut
% Increase /
Particulars 2021 2022 e
Decrease
Change
Sources of Funds / Owners Fund
Equity Share Capital 21 21.1 0.1 0.48
Share Application Money 29.6 18.6 -11 -37.16
Reserves & Surplus 3289.5 3941.9 652.4 19.83
Total Liabilities 3340.1 3981.6 641.5 19.21
Uses of Funds
Fixed Assets
Gross Block 1386.4 1293.9 -92.5 -6.67
Less Acc. Depreciation 366.8 279.5 -87.3 -23.80
Net Block 1019.6 1014.4 -5.2 -0.51
Capital Work - in - Progress 11.9 9.9 -2 -16.81
Investments 1700.6 1647.3 -53.3 -3.13
Net Current Asset
Current Assets: Loans & Advances 2088 3036.7 948.7 45.44
Less: Current Liabilities and Provisions 1480 1726.7 246.7 16.67
Total Net Current Asset 608 1310 702 115.46
Total Assets 3340.1 3981.6 641.5 19.21

INTERPRETATION:-
As we can see in the comparative Balance Sheet above, the Current Assets of
L&T Technologies Services Ltd have Increased by Rs.702.00 Cr in the year 2022
over 2021.The Fixed Asset have Decreased by Rs.5.2 Cr.
On the other hand, the Non Current
Liabilities have Increased by Rs. 641.5 Cr in the year 2022 over 2021, which is
decreased by 19.21%.

Common Size Balance Sheet

% Increase / % Increase / % Increase / % Increase / % Increase /

Particulars 2022 2021 2020 2019 2018
Decrease Decrease Decrease Decrease Decrease
Equity share capital 21.1 0.5% 21 0.63% 20.9 0.8% 20.8 0.84% 20.5 1%
Share Application Money 18.6 0.5% 29.6 0.89% 35.3 1.3% 34.4 1.39%
Reserves & surplus 3,941.90 99% 3,289.50 98.49% 2,563.80 97% 2,380.70 96.05% 1,944.80 99%
Secured loans 23.9 0.90% 42.6 1.72%
Total Liabilities 3,981.60 100 3,340.10 100 2,643.90 100 2,478.50 100 1,965.30 100
Uses of Fund
Fixed Asset
Gross Block 1,293.90 32.5% 1,386.40 41.5% 1,206.50 46% 682.5 27.54% 628 32%
Less: Revaluation Reserve
Less: Acc. Depreciation 279.5 7.0% 366.8 11.0% 247 9% 117.1 4.72% 75 4%
Net Block 1,014.40 25.5% 1,019.60 30.5% 959.50 36% 565.4 22.81% 553 28.14%
Capital Work - in - Progress 9.9 0.2% 11.9 0.4% 8.7 0.33% 0 0.1 0%
Investments 1,647.30 41.4% 1,700.60 50.9% 765.2 29% 752.4 30.36% 322.5 16.41%
Net current assets
Current assets, loans & advances 3,036.70 76.3% 2,088.00 62.5% 2,348.30 89% 1,907.50 77% 1,717.30 87.38%
Less : current liabilities & provisions 1,726.70 43.4% 1,480.00 44.3% 1,437.80 54% 746.8 30% 627.6 31.93%
Total net current assets 1,310.00 32.9% 608 18.2% 910.5 34.44% 1,160.70 47% 1,089.70 55.45%
Total Assets 3981.6 100% 3340.1 100% 2643.9 100% 2478.5 100% 1965.3 100%

Common Size Balance Sheet

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3500

3000

2500

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1500

1000

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0
2022 2021 2020 2019 2018

Profit And loss account

(Rs crore)
Particulars Mar ' 22 Mar ' 21 Mar ' 20 Mar ' 19 Mar ' 18
Income
Operating income 5,873.70 4,964.00 5,181.30 4,712.00 3,506.60
Expenses
Material consumed - - - - -
Manufacturing expenses 18.7 17.9 16.1 14.3 -
Personnel expenses 3,192.70 3,001.20 2,926.30 2,905.70 2,283.80
Selling expenses 19.9 14.6 26.9 22.2 16.7
Adminstrative expenses 1,323.30 992.3 1,180.80 905.4 655.1
Expenses capitalised - - - - -
Cost of sales 4,554.60 4,026.00 4,150.10 3,847.60 2,955.60
Operating profit 1,319.10 938 1,031.20 864.4 551
Other recurring income 153.7 174.3 212.3 151.2 188.1
Adjusted PBDIT 1,472.80 1,112.30 1,243.50 1,015.60 739.1
Financial expenses 39.4 43.5 35.1 1.1 0.4
Depreciation 182.6 173.7 153.4 73.1 57.6
Other write offs - - - - -
Adjusted PBT 1,250.80 895.1 1,055.00 941.4 681.1
Tax charges 332.3 222 265 241.3 191.7
Adjusted PAT 918.5 673.1 790 700.1 489.4
Non recurring items - - - - -
Other non cash adjustments - - - - -
Reported net profit 918.5 673.1 790 700.1 489.4
Earnigs before appropriation 3,042.00 2,343.50 1,934.50 1,421.90 844.8
Equity dividend 363.3 219.8 173.8 160.8 65.1
Preference dividend - - - - -
Dividend tax - - 44.9 41.6 16.6
Retained earnings 2,678.70 2,123.70 1,715.80 1,219.50 763.1

Trend Analysis
BASE YEAR - 2022
Trend Percentages
Particulars
2022 2021 2020 2019 2018
Income
Operating income 100% 85% 88% 80% 60%
Expenses
Material consumed
Manufacturing expenses 100% 96% 86% 76%
Personnel expenses 100% 94% 92% 91% 72%
Selling expenses 100% 73% 135% 112% 84%
Adminstrative expenses 100% 75% 89% 68% 50%
Expenses capitalised
Cost of sales 100% 88% 91% 84% 65%
Operating profit 100% 71% 78% 66% 42%
Other recurring income 100% 113% 138% 98% 122%
Adjusted PBDIT 100% 76% 84% 69% 50%
Financial expenses 100% 110% 89% 3% 1%
Depreciation 100% 95% 84% 40% 32%
Other write offs
Adjusted PBT 100% 72% 84% 75% 54%
Tax charges 100% 67% 80% 73% 58%
Adjusted PAT 100% 73% 86% 76% 53%
Non recurring items
Other non cash adjustments
Reported net profit 100% 73% 86% 76% 53%
Earnigs before appropriation 100% 77% 64% 47% 28%
Equity dividend 100% 61% 48% 44% 18%
Preference dividend
Dividend tax
Retained earnings 100% 79% 64% 46% 28%

TREND PERCENTAGES
160%

140%

120%

100%

80%

60%

40%

20%

0%
2022 2021 2020 2019 2018