Ganodaya Finlease Annual Reports, Balance Sheet and Financials

Ganodaya Finlease Limited Balance Sheet (In Thousands)

Ganodaya Finlease Limited Profit & Loss Statement (In Thousands)

Ganodaya Finlease Limited Consolidated Cash Flow Statement (In Thousands)

Here is a summary of the Cash Flow Statement for the years 2023 and 2022:

Cash Flow from Operating Activities:

Net Profit Before Tax: The net profit before tax decreased from 18,534.23 in 2022 to 2,323.08 in 2023, indicating a significant decline in profitability.

Additions/Deductions: Various adjustments were made to arrive at cash flow from operating activities, including depreciation, dividend received, interest income, re-measurement gains/losses on employee defined benefit plans, profit/loss on sale of investments, and investments in mutual funds measured at FVTPL.

Cash Generated from Operation: The cash generated from operations before working capital changes decreased from -8,288.03 in 2022 to -10,074.30 in 2023, reflecting a decrease in the company 's operational cash flow.

Taxes Paid: Taxes paid increased to -4,190.36 in 2023, indicating higher tax expenses compared to the previous year.

Overall Cash Flow from Operating Activities: The net cash flow from operating activities decreased significantly from -6,402.48 in 2022 to -10,807.30 in 2023, reflecting a decrease in the company 's ability to generate cash from its core business operations.

Cash Flow from Investing Activities:

Purchase and Sale of Fixed Assets: The company made purchases of fixed assets amounting to -158.68 in 2023, compared to -1,522.70 in 2022. There were no sales of fixed assets during both years.

Purchase and Sale of Investments: The company made significant purchases and sales of investments, resulting in a net cash inflow from investing activities of 8,348.96 in 2023, compared to 7,711.32 in 2022.

Cash Flow from Financing Activities:

Increase/Decrease in Borrowings: There were no changes in borrowings in 2023, resulting in no cash flow from financing activities. Similarly, there were no changes in borrowings in 2022, resulting in a decrease in cash flow from financing activities of -277.49.

Net Change in Cash & Cash Equivalent:

The net change in cash and cash equivalents decreased from 1,031.35 in 2022 to -2,458.34 in 2023, indicating a decrease in the company 's overall liquidity position.

Opening and Closing Balance of Cash & Cash Equivalent:

The opening balance of cash and cash equivalents increased from 1,870.53 in 2022 to 2,901.89 in 2023. However, the closing balance of cash and cash equivalents decreased from 2,901.89 in 2022 to 443.55 in 2023, reflecting the net change in cash and cash equivalents during the year.

Financial Ratios of Ganodaya Finlease Limited:

Here is a summary of the financial and operational metrics for Ganodaya Finlease Limited for the years 2023 and 2022:

Capital to Risk Weighted Assets Ratio (CRAR):

The Capital to Risk Weighted Assets Ratio decreased slightly from 0.89 in 2022 to 0.88 in 2023. This ratio indicates the proportion of a bank 's capital to its risk-weighted assets and is used to measure a bank 's financial strength and ability to absorb potential losses. While the ratio decreased slightly, it remains close to the regulatory requirement, suggesting that the company still maintains adequate capital relative to its risk exposure.

Tier I and Tier II Capital Adequacy Ratio (CRAR):

The Tier I Capital Adequacy Ratio (CRAR) increased marginally from 0.345 in 2022 to 0.346 in 2023, while the Tier II CRAR decreased slightly from 0.54 in 2022 to 0.53 in 2023. These ratios measure the bank 's core capital (Tier I) and supplementary capital (Tier II) relative to its risk-weighted assets. The slight changes in these ratios indicate stability in the bank 's core and supplementary capital adequacy, which is crucial for meeting regulatory requirements and absorbing potential losses.

Liquidity Coverage Ratio (LCR):

The Liquidity Coverage Ratio decreased from 380.96 in 2022 to 332.38 in 2023. The LCR measures a bank 's ability to meet its short-term obligations with high-quality liquid assets. Although there was a decrease in this ratio, it still indicates that the company has a significant buffer of liquid assets to cover its short-term liabilities. However, a decreasing LCR may warrant attention to ensure that the company maintains sufficient liquidity to withstand short-term liquidity stress.

Dividend History:

Ganodaya Finlease Limited Recent Financial Performance:

Dividend per Share: The specific dividend per share figure for 2023 and 2022 is not provided. Dividend per share represents the portion of a company 's earnings that is distributed to shareholders in the form of dividends. A higher dividend per share may indicate that the company is sharing more of its profits with shareholders.

Retained Earnings: Retained earnings for 2023 amounted to Rs. -1,73,053.59 thousand, while in 2022, they were Rs. -1,73,615.63 thousand. Retained earnings represent the portion of a company 's profits that is reinvested in the business rather than distributed as dividends. An increase in retained earnings suggests that the company has retained more of its profits for reinvestment or future growth.

To provide a more comprehensive analysis, it would be necessary to consider additional financial metrics such as revenue, net profit, assets, liabilities, and cash flows. Additionally, an analysis of trends over multiple years and a comparison to industry benchmarks and competitors would help in assessing the company 's financial health and performance