Thomas Cook India : Corrigendum to the Annual Report for FY 2020-21
September 25, 2021 at 08:32 pm IST
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Corrigendum to the Annual Report for FY 2020-2021 Management Discussion & Analysis Report (MDAR) section of the Integrated Annual Report (on page No. 83 of the Integrated Annual Report 2020-2021)
Below information is part of the Integrated Annual Report and the MDAR should be read in conjunction with this corrigendum.
Ratios where there has been a significant change from financial year ended 31st March 2020 to financial year ended 31st March 2021:
Key
Standalone
Consolidated
Ratios
Ratios
Ratios
FY
FY
FY
FY
Sr.
2020-
2019-
Variance
2020-
2019-
Variance
No.
21
20
%
Explanation
21
20
%
Explanation
1
Debtors
1.69
8.63
-80.38
Debtors
Turnover
ratio
2.64
10.48
-74.83
Debtors Turnover ratio
Has
Turnover
has
reduced
due
to
reduced due to reduction in
reduction
in
sales
by
sales by 88% on account of
91% on account of the
the impact of the Covid-19
impact of the Covid-19
pandemic.
pandemic.
2
Inventory
-
-
-
-
17.16
264.33
-93.51
The Inventory Turnover ratio
Turnover
has reduced due to reduction
in sales by 88 % on account
of the impact of the Covid-19
pandemic.
3
Interest
-1.65
0.46
-458.41
Interest
Coverage
ratio
-5.69
0.32
-1,876.06
Interest
Coverage
ratio
has
Coverage
has
reduced
as
reduced
as
Company
has
Ratio
Company
has
suffered
suffered
losses during
the
losses during
the
year
year on account of the impact
on
account
of
the
of the Covid-19 pandemic.
impact of the Covid-19
pandemic.
4
Current
1.47
0.98
49.77
The
Current
ratio
has
0.83
0.87
-4.41
There is no Major Variation
ratio
improved due to receipt
as
compared
to
previous
of
Optionally
year.
Convertible Cumulative
Redeemable
Preference
Shares
(OCCRPS)
application
money at the year-end.
5
Debt
0.06
0.06
7.32
The ratio has increased
0.18
0.25
-25.98
Debt
Equity
ratio
has
Equity
due to increase in short
improved due to reduction in
Ratio
term debts by
Rs. 314
overall debt by Rs. 587 Mn
Mn
which
has
been
and
receipt
of
OCCRPS
offset
by
receipt
of
application
money
at
the
OCCRPS
application
year-end which increased the
money of Rs. 4357 Mn
capital base.
at the year-end which
increased
the
capital
base.
6
Operating
-89.03
-1.04
8,426.72
Operating
Profit
ratio
-63.05
-0.65
9,574.51
Operating
Profit
ratio
has
Profit
has
been impacted
on
been impacted on account of
Ratio
account of restriction in
restriction in travelling across
travelling
across
the
the world which has resulted
world
which
has
in reduction in revenue.
resulted
in
reduction in
revenue.
7
Net Profit
-7.75
-1.17
560.89
Net Profit ratio has been
-37.13
-0.26
14,272.44
Net Profit
ratio
has
been
Ratio
impacted on account of
impacted
on account
of
restrictions
in
travelling
restrictions
in
travelling
across the world which
across the world which has
has
resulted
in
resulted
in
reduction
in
reduction in revenue.
revenue.
8
Return on
-0.78
-1.73
-55.16
Return
on
Net
worth
-15.30
-1.06
1,342.79
Return on
Net
worth
has
Net Worth
has
improved
due
to
worsened
due
to
higher
(RONW)
receipt
of
OCCRPS
losses on account of the
or Return
application
money
at
pandemic which could not be
on Equity
the year-end which
offset by the receipt of
(ROE)
increased
the
capital
OCCRPS
application
money
base.
at the year-end.
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Thomas Cook (India) Ltd. published this content on 25 September 2021 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 25 September 2021 15:01:03 UTC.
Thomas Cook (India) Limited is an India-based omnichannel travel company. The Company is engaged in diversified businesses of travel and travel related businesses, working as travel agent and tour operator. The Company is also engaged as an authorized foreign exchange dealer. The Companyâs segments include Financial Services, Travel and related services, Leisure Hospitality & Resorts business, and Digiphoto imaging services. Financial Services segment include wholesale and retail purchase and sale of foreign currencies and paid documents. Travel and related services segment include tour operations, travel management, visa services and travel insurance and related services. Leisure Hospitality & Resorts business segment include time share holidays' business. Digiphoto imaging services segment include turnkey imaging solutions and related services. The Company also provides one-time leisure holidays and meetings, incentives, conferences, and exhibitions.