Basics Ltd., a garment manufacturing company has been in the business for 4 years earning profits year on year. You are required to comment upon the efficiency of operations and their financial position based on the following financial data given using Ratio Analysis:

Financial information pertaining to operations of Basics Ltd:

Additional information:

Face value of Basics Shares is Rs.10/-

Interest on long term borrowings is 10% p.a

Short term provision is for taxes

You are required to compute the

1) Liquidity

2) Solvency

3) Activity

4) Profitability ratios

Financial information pertaining to operations of Basics Ltd: (Rs.In000s) Balance sheet of Basics Ltd as at 31 st March 2021 (Rs. In 000s)