| Periods | 1 Week | 1 Month | 3 Months | 6 Months | 1 Year | 3 Years | All Time |
|---|---|---|---|---|---|---|---|
| Primex-40 | |||||||
| Genesis Finance Company Limited |
| PARTICULARS | 31 March 2023 | 31 March 2022 |
| ASSETS | ||
| Financial Assets | ||
| (a) Cash and cash equivalents | 18.49 | 9 |
| (b) Bank balance other than cash and cash equivalents | - | - |
| (c) Derivative financial instruments | - | - |
| (d) Receivables | - | - |
| (i) Trade Receivables | - | - |
| (ii) Others | - | - |
| (e) Loans | 18,998.62 | 17,470.80 |
| (f) Investments | - | - |
| (g) Other financial assets | 86.79 | 81.3 |
| Sub-total - Financial Assets | 19,103.90 | 17,561.10 |
| Non - Financial Assets | ||
| (a) Current tax assets (net) | - | - |
| (b) Deferred tax assets (net) | 30.13 | 30.4 |
| (c) Property, plant and equipment | 465.2 | 2,280.04 |
| (d) Intangible assets | - | - |
| (e) Other Non-financial assets | 30.58 | 30.96 |
| Sub-total - Non-Financial assets | 525.91 | 2,341.40 |
| TOTAL - ASSETS | 19,629.81 | 19,902.50 |
| LIABILITIES | ||
| Financial Liabilities | ||
| (a) Derivative financial instruments | - | - |
| (b) Trade Payables | - | - |
| (c) Debt Securities | - | - |
| (d) Borrowings (Other than Debt Securities) | 7,228.65 | 8,650.99 |
| (e) Deposits | - | - |
| (f) Subordinated liabilities | - | - |
| (g) Other financial liabilites | 48.59 | 50.75 |
| Sub-total - Financial Liabilities | 7,277.24 | 8,701.74 |
| Non-Financial Liabilities | ||
| (a) Current tax liabilities (Net) | 486.18 | 210.02 |
| (b) Provisions | 70.38 | 69.03 |
| (c) Other non-financial liabilities | 9.62 | 28.69 |
| Sub-total - Non Financial Liabilities | 566.18 | 307.74 |
| Equity | ||
| (a) Equity Share Capital | 4,639.71 | 4,639.71 |
| (b) Other equity | 7,146.68 | 6,253.31 |
| Sub-total - Equity | 11,786.39 | 10,893.02 |
| TOTAL - LIABILITIES | 19,629.81 | 19,902.50 |
| PARTICULARS | 31 March 2023 | 31 March 2022 |
| Income | ||
| (a) Revenue from operations | ||
| Interest Income | 2,963.95 | 2,703.09 |
| (b) Other income | - | 0.5 |
| Total Income | 2,963.95 | 2,703.59 |
| Expense | ||
| (a) Employee benefit expense | 197.45 | 223.47 |
| (b) Finance Cost | 812.43 | 631.1 |
| (c) Impairment of financial assets | 452.75 | 267.87 |
| (d) Depreciation and amortisation | 20.68 | 28.19 |
| (e) Other Expenses | 128.04 | 360.98 |
| (f) Loss on sale of assets | - | - |
| Total Expenses | 1,611.35 | 1,511.61 |
| Profit/(Loss) before tax and exceptional items | 1,352.60 | 1,191.98 |
| Exceptional items(net) | - | - |
| Profit/(Loss) before tax for the Period | 1,352.60 | 1,191.98 |
| Tax Expense | ||
| Current Tax | 458.95 | 385.19 |
| Deferred Tax | 0.28 | 0.27 |
| Profit After tax | 893.37 | 806.52 |
| Other Comperhensive income | ||
| A. (i) Items that will not be reclassified to Profit or Loss | - | - |
| (ii) income tax related to items that will not be reclasiffied to Profit or Loss | - | - |
| B. (i) Items that will be reclassified to Profit or Loss | - | - |
| (ii) income tax related to items that will be reclasiffied to Profit or Loss | - | - |
| Total other comprehensive income (net of tax) | - | - |
| Total comprehensive income for the period (7+8) | 893.37 | 806.52 |
| Paid-up Equity Share Capital (Face Value Rs.10) | 4,639.71 | 4,639.71 |
| Other equity | 7,146.68 | 6,253.31 |
| Basic and diluted earning per share | 1.93 | 1.74 |
| Particulars | 31 March 2023 | 31 March 2022 |
| CASH FLOW FROM OPERATING ACTIVITIES | ||
| PROFIT BEFORE TAX | 1,352.60 | 1,191.97 |
| ADJUSTMENTS FOR: | ||
| Interest Income | -2,963.95 | -2,703.09 |
| Depreciation and Amortization | 20.68 | 28.19 |
| Finance Cost | 805.14 | 624.45 |
| Impairment loss | 452.75 | 267.87 |
| Provision for Employee Benefit (Gratuity) | 1.34 | - |
| (Profit)/ Loss on sale of Assets and Investment | - | - |
| Cash from Operation before Working Capital Changes | -331.44 | -590.61 |
| ADJUSTMENTS FOR CHANGES IN WORKING CAPITAL: | ||
| (Increase) / Decrease in Loans | -1,954.23 | -4,183.59 |
| (Increase) / Decrease in other Financial Assets | -5.5 | 3.93 |
| (Increase) / Decrease in other Non-Financial Assets | 0.37 | -15.66 |
| Increase / (Decrease) in other Financial Liabilities | -2.16 | -3.61 |
| Increase / (Decrease) in other Non-Financial Liabilities | -19.06 | -5.24 |
| Cash inflow from Interest on loans | 2,937.60 | - |
| Cash outflow towards finance cost | -799.16 | -620.87 |
| Cash Generated from Operations | -173.58 | -5,415.65 |
| Taxes Paid (net of refunds) | 182.79 | 454.17 |
| Net Cash Generated from Operating Activities | -356.37 | -5,869.82 |
| CASH FLOW FROM INVESTING ACTIVITIES | ||
| Purchase of Property, Plant & Equipments | - | -429.1 |
| Proceeds from Property, Plant & Equipments | 1,794.16 | - |
| Net Cash from Investing Activities | 1,794.16 | -429.1 |
| CASH FLOW FROM FINANCING ACTIVITIES | ||
| Proceeds from Share allotment | - | - |
| Availment (Repayment) of Borrowings (Other than Debt Securities) (Net of repayments) | -1,428.31 | 3,638.27 |
| Net Cash used in Financing Activities | -1,428.31 | 3,638.27 |
| Net increase / (decrease) in Cash and Cash Equivalents | 9.49 | 4.07 |
| Add: Cash and Cash Equivalents at the begining of the year | 9 | 4.93 |
| Cash and Cash Equivalents at the end of the year | 18.49 | 9 |
Cash Flow from Operating Activities:
1. Profit Before Tax (PBT):
- In 2023, the company reported a Profit Before Tax (PBT) of ₹1,352.60 lakhs, representing its earnings before tax obligations. This is higher than the PBT of ₹1,191.97 lakhs reported in 2022.
2. Cash Generated from Operations (Before Working Capital Changes):
- The cash generated from operations before considering changes in working capital was -₹331.44 lakhs in 2023 and -₹590.61 lakhs in 2022. This indicates the cash flow generated from the company 's core business activities before adjustments for changes in working capital.
3. Net Cash Generated from Operating Activities:
- After considering adjustments for changes in working capital, the net cash generated from operating activities was -₹356.37 lakhs in 2023 and -₹5,869.82 lakhs in 2022. This reflects the final cash flow result from the company 's operating activities after accounting for all operating expenses, income, and changes in working capital.
Cash Flow from Investing Activities:
4. Net Cash from Investing Activities:
- In 2023, the company had a net cash inflow of ₹1,794.16 lakhs from investing activities, primarily due to proceeds from the sale of property, plant & equipment. Conversely, in 2022, there was a net cash outflow of -₹429.1 lakhs, mainly attributed to investments in property, plant & equipment.
Cash Flow from Financing Activities:
5. Net Cash Used in Financing Activities:
- The net cash used in financing activities amounted to -₹1,428.31 lakhs in 2023, primarily from borrowing activities. In contrast, in 2022, there was a net cash inflow of ₹3,638.27 lakhs, mainly from borrowing activities.
Net Increase / (Decrease) in Cash and Cash Equivalents:
6. Net Increase / (Decrease) in Cash:
- The net increase in cash and cash equivalents was ₹9.49 lakhs in 2023 and ₹4.07 lakhs in 2022. This represents the change in the company 's cash position over the respective years.
Cash and Cash Equivalents at the Beginning and End of the Year:
7. Cash and Cash Equivalents at the Beginning and End of the Year:
- The company began 2023 with cash and cash equivalents of ₹9 lakhs, which increased to ₹18.49 lakhs by the end of the year. Similarly, in 2022, it began with ₹4.93 lakhs and ended with ₹9 lakhs.
Insights into the financial health and performance of the company in 2023:
1. Current Ratio:
- The current ratio measures a company 's ability to pay its short-term liabilities with its short-term assets. In 2023, the current ratio was 3.97, indicating an improvement from 3.66 in 2022. This suggests that the company 's liquidity position strengthened as it had more current assets relative to its current liabilities.
2. Debt-Equity Ratio:
- The debt-equity ratio indicates the proportion of debt and equity financing used by the company. In 2023, the ratio decreased to 1.56 from 1.86 in 2022. This reduction suggests a decrease in financial leverage and reliance on debt to finance operations, which may signify improved financial stability.
3. Debt Service Coverage Ratio:
- The debt service coverage ratio assesses a company 's ability to cover its debt obligations with its operating income. In 2023, the ratio decreased slightly to 2.68 from 2.75 in 2022. Although slightly lower, it still indicates that the company 's operating income is sufficient to cover its debt payments.
4. Return on Equity (ROE) Ratio:
- ROE measures a company 's profitability relative to its shareholders ' equity. In 2023, the ROE increased to 19.26% from 17.38% in 2022, indicating that the company generated higher profits per unit of shareholders ' equity, reflecting improved profitability.
5. Net Capital Turnover Ratio:
- The net capital turnover ratio assesses a company 's efficiency in generating revenue relative to its capital employed. In both 2023 and 2022, the ratio remained constant at 0.54 times, suggesting that the company 's revenue generation efficiency remained stable over the years.
6. Net Profit Ratio:
- The net profit ratio measures the portion of revenue that translates into net profit. In 2023, the ratio slightly increased to 30.14% from 29.84% in 2022, indicating that the company retained a slightly higher proportion of revenue as profit in 2023.
7. Return on Capital Employed (ROCE) Ratio:
- ROCE evaluates the efficiency of a company in generating profits from its capital employed. In 2023, the ROCE increased to 7.60% from 7.42% in 2022, suggesting improved profitability relative to the capital invested in the business.
8. Capital to Risk Weighted Assets Ratio:
- The capital to risk-weighted assets ratio (CRAR) assesses a bank 's capital adequacy relative to its risk-weighted assets. In 2023, the CRAR slightly decreased to 61.88% from 62.18% in 2022, indicating a slight decrease in the capital adequacy ratio.
|
Particulars |
2023 |
|
Dividend (final + interim) (In Rs.) |
- |
