| Periods | 1 Week | 1 Month | 3 Months | 6 Months | 1 Year | 3 Years | All Time |
|---|---|---|---|---|---|---|---|
| Primex-40 | |||||||
| HDFC Securities Limited |
| PARTICULARS | 2024 | 2023 | 2022 | 2021 |
| ASSETS | ||||
| Financial Assets | ||||
| Cash and cash equivalents | 79,811 | 39,210 | 1,31,792 | 59,854 |
| Bank Balance other than above | 4,57,774 | 3,19,980 | 2,28,091 | 1,57,981 |
| Receivables | ||||
| Trade Receivables | 1,28,657 | 40,727 | 50,586 | 43,961 |
| Other Recievables | - | - | - | - |
| Loans | 6,02,524 | 2,74,757 | 3,28,348 | 1,67,415 |
| Investments | 1,00,533 | 1,21,361 | 24,377 | 23,595 |
| Other Financial Assets | 9,246 | 3,908 | 6,102 | 4,385 |
| 13,78,545 | 7,99,943 | 7,69,296 | 4,57,191 | |
| Non-Financial Assets | ||||
| Current tax assets (Net) | 4,156 | 3,829 | 3,049 | 2,232 |
| Deferred tax Assets (Net) | - | - | - | 61 |
| Investment Property | 1,341 | 1,368 | 1,397 | 1,424 |
| Property, Plant and Equipment | 6,164 | 8,051 | 7,584 | 6,015 |
| Right-of-use assets | 6,677 | 5,487 | 6,147 | 5,285 |
| Capital work-in-progress | 45 | 112 | 319 | 494 |
| Intangible assets under development | 507 | 2,743 | 1,151 | 585 |
| Other Intangible assets | 8,145 | 2,908 | 1,968 | 1,638 |
| Other non-financial assets | 4,727 | 3,213 | 1,343 | 966 |
| 31,762 | 27,711 | 22,958 | 18,700 | |
| TOTAL ASSETS | 14,10,307 | 8,27,654 | 7,92,254 | 4,75,891 |
| LIABILITIES AND EQUITY | ||||
| LIABILITIES | ||||
| Financial Liabilities | ||||
| Payables | ||||
| Trade Payables | ||||
| - total outstanding dues of micro enterprises and small enterprises | 28 | 20 | 11 | 28 |
| - total outstanding dues of creditors other than micro enterprises and small enterprises | 2,17,425 | 98,171 | 1,42,057 | 1,03,959 |
| Other Payables | ||||
| - total outstanding dues of micro enterprises and small enterprises | - | - | - | - |
| - total outstanding dues of creditors other than micro enterprises and small enterprises | - | - | - | - |
| Borrowings | 9,53,251 | 5,25,410 | 4,61,914 | 2,04,043 |
| Lease Liabilities | 7,778 | 6,491 | 6,936 | 5,990 |
| Other financial liabilities | 21,207 | 12,450 | 469 | 291 |
| 11,99,689 | 6,42,542 | 6,11,387 | 3,14,311 | |
| Non-Financial Liabilities | ||||
| Current tax liabilities (Net) | 779 | 179 | 179 | 179 |
| Provisions | 1,501 | 1,460 | 11,733 | 8,747 |
| Deferred tax liabilities (Net) | 331 | 367 | 280 | - |
| Other non-financial liabilities | 5,083 | 3,392 | 2,884 | 4,623 |
| 7,694 | 5,398 | 15,076 | 13,549 | |
| Equity | ||||
| Equity Share capital | 1,597 | 1,589 | 1,583 | 1,577 |
| Other Equity | 2,01,327 | 1,78,125 | 1,64,208 | 1,46,454 |
| 2,02,924 | 1,79,714 | 1,65,791 | 1,48,031 | |
| TOTAL LIABILITIES AND EQUITY | 14,10,307 | 8,27,654 | 7,92,254 | 4,75,891 |
| PARTICULARS | 2024 | 2023 | 2022 | 2021 |
| Revenue from operations | ||||
| Brokerage and Fee Income | 1,59,717 | 1,18,240 | 1,40,937 | 1,14,024 |
| Interest Income | 1,03,072 | 64,765 | 52,804 | 21,110 |
| Sale of Services | 489 | 1,146 | 1466 | 560 |
| Net gain on fair value changes | 2,498 | 4,739 | 2132 | 907 |
| Rental Income | 221 | 221 | 207 | 207 |
| Dividend Income | 15 | 16 | 11 | 8 |
| Total Revenue from operations | 2,66,012 | 1,89,127 | 1,97,557 | 1,36,816 |
| Other Income | 61 | 36 | 1,474 | 3,127 |
| Total Income | 2,66,073 | 1,89,163 | 1,99,031 | 1,39,943 |
| Expenses | ||||
| Finance Costs | 60,050 | 29,588 | 15,634 | 5,307 |
| Impairment on financial instruments | 1,433 | 2,098 | 590 | 705 |
| Employee Benefits Expenses | 38,452 | 27,471 | 25,740 | 23,357 |
| Depreciation, amortization and impairment | 6,392 | 5,745 | 4,230 | 3,629 |
| Other expenses | 32,603 | 20,071 | 20,806 | 12,385 |
| Total Expenses | 1,38,930 | 84,973 | 67,000 | 45,382 |
| Profit before tax | 1,27,143 | 1,04,190 | 1,32,031 | 94,561 |
| Tax expense | ||||
| Current Tax | 32,102 | 26,334 | 33,217 | 24,074 |
| Deferred Tax | -48 | 134 | 380 | 165 |
| Total tax expense | 32,054 | 26,468 | 33,597 | 24,239 |
| Profit for the year | 95,089 | 77,722 | 98,434 | 70,323 |
| Other comprehensive income : | ||||
| Items that will not be reclassified to profit or loss: | ||||
| Re-measurement gains / (losses) on defined benefit plans | 47 | -182 | -155 | 3 |
| Income tax effect | -12 | 46 | 39 | -1 |
| Other comprehensive income for the year, net of tax | 35 | -136 | -116 | 2 |
| Total comprehensive income for the period, net of tax | 95,124 | 77,586 | 98,318 | 70,325 |
| Earnings per equity share - [Nominal value of the shares Rs.10] | ||||
| Basic (in Rs.) | 597.42 | 490.22 | 623.21 | 446.64 |
| Diluted (in Rs.) | 597.36 | 489.84 | 621.78 | 446.54 |
| PARTICULARS | 2024 | 2023 | 2022 | 2021 |
| Cash Flow from operating activities | ||||
| Profit before tax | 1,27,143 | 1,04,190 | 1,32,031 | 94,561 |
| Adjustments | ||||
| Depreciation & Amortization | 6,392 | 5,745 | 4,230 | 3,629 |
| Share based payments to employees | 3,113 | 2,574 | 2,775 | 1,807 |
| Impairment on financial instruments | 1,433 | 2,098 | 590 | 705 |
| Loss on sale / w/off of Property, Plant & Equipment | -18 | 124 | -4 | -8 |
| Rental income from investment property | -221 | -221 | -207 | -207 |
| Changes in fair value of investment | -2,867 | -4,739 | -2,132 | -907 |
| Finance Costs | 59,504 | 29,020 | 15,634 | 5,307 |
| Interest income | -5,357 | -2,659 | - | -5 |
| Dividend Income | -15 | -16 | -11 | -8 |
| 1,89,107 | 1,36,116 | 1,52,905 | 1,04,874 | |
| Working capital adjustments: | ||||
| Decrease / (Increase) in Other Bank Balance | -1,37,794 | -83,649 | -75,110 | -59,446 |
| Decrease / (Increase) in trade receivables | -89,360 | 7,761 | -7,215 | -28,128 |
| Decrease / (Increase) in loans | -3,27,767 | 53,591 | -1,60,933 | -1,44,572 |
| Decrease / (Increase) in Other financial assets | -5,338 | -7,089 | -1,717 | 18,050 |
| Decrease / (Increase) in Other non-financial assets | -1,513 | 46 | -378 | -424 |
| Increase/ (Decrease) in trade and other payables | 1,19,262 | -43,878 | 38,081 | 38,749 |
| Increase/ (Decrease) in lease liability | - | - | 946 | -30 |
| Increase/ (Decrease) in other financial liabilities | 8,757 | 2,386 | 178 | -389 |
| Increase/ (Decrease) in Provisions | 88 | -860 | 2,831 | 1,618 |
| Increase/ (Decrease) in Other non-financial liabilities | 1,690 | -345 | -1,739 | 670 |
| -2,42,868 | 64,079 | -52,151 | -69,029 | |
| Income tax paid | -31,829 | -27,114 | -34,034 | -24,684 |
| Net Cash Flow (used in) / from operating activities (A) | -2,74,697 | 36,965 | -86,185 | -93,713 |
| Investing activities | ||||
| Purchase of property, plant and equipment, intangible assets | -16,012 | -12,633 | -7,351 | -5,871 |
| Proceeds from sale of property, plant and equipment, intangible assets | 7,428 | 4,642 | - | - |
| Rental income received | 221 | 221 | 207 | 207 |
| Purchase of investments | -600 | -92,298 | -3,347 | -21,004 |
| Proceeds from sale of investments | 24,295 | 54 | 4,696 | 1,178 |
| Dividend received | 15 | 16 | 11 | 8 |
| Interest received | 5,357 | 2,659 | - | 5 |
| Net cash flows (used in) / from investing activities (B) | 20,704 | -97,339 | -5,782 | -25,477 |
| Financing activities: | ||||
| Proceeds from Issuance of equity share capital | 8 | 6 | 3,130 | 1,236 |
| Increase/ (Decrease) from Issuance of Other Equity | -1,436 | -1,250 | - | - |
| Proceeds from Issuance of securities premium | 5,960 | 4,798 | - | - |
| Proceeds from share application money | 1,683 | - | - | - |
| Increase/ (Decrease) in lease liability | 1,287 | -445 | - | - |
| Proceeds from Issuance of debt securities | 32,47,841 | 19,35,096 | 16,81,914 | 4,18,996 |
| Redemption of debt securities | -28,20,000 | -18,71,600 | -14,25,000 | -2,85,000 |
| Bank guarantee charges | -426 | -372 | - | - |
| Interest Paid - Others | -59,078 | -28,648 | -14,677 | -4,350 |
| Dividend paid, including dividend tax | -81,246 | -69,791 | -86,462 | -50,098 |
| Net cash flows from financing activities | 2,94,594 | -32,206 | 1,58,905 | 80,784 |
| Net increase in cash and cash equivalents (A+B+C) | 40,601 | -92,581 | 66,937 | -38,406 |
| Cash and Cash equivalents at the beginning of the year | 39,210 | 1,31,791 | 64,854 | 98,260 |
| Cash and Cash equivalents at the end of the year | 79,811 | 39,210 | 1,31,792 | 59,854 |
Operating Activities:
- Net cash flow from operating activities fluctuated significantly over the years, ranging from negative 2,74,697 lakhs in 2024 to positive 36,965 lakhs in 2023.
- Working capital adjustments contributed significantly to these fluctuations, with large decreases or increases in other bank balances, trade receivables, loans, and other financial assets.
- Income tax paid also varied, contributing to the overall cash flow from operating activities.
Investing Activities:
- Net cash flows from investing activities fluctuated as well, ranging from negative 97,339 lakhs in 2023 to positive 20,704 lakhs in 2024.
- Major investments include purchases of property, plant, and equipment, intangible assets, as well as investments in securities.
- Proceeds from the sale of property, plant, and equipment, as well as investments, contributed to positive cash flows in certain years.
Financing Activities:
- Net cash flows from financing activities also varied significantly, ranging from negative 32,206 lakhs in 2023 to positive 2,94,594 lakhs in 2024.
- Activities such as the issuance of equity share capital, debt securities, and redemption of debt securities had a significant impact on financing cash flows.
- Dividend payments and interest paid also played a role in these cash flows.
Overall Cash Position:
- The company experienced fluctuations in its cash and cash equivalents over the years, ranging from a low of 39,210 lakhs in 2023 to a high of 1,31,792 lakhs in 2022.
- The net increase or decrease in cash and cash equivalents also varied, with the company experiencing both positive and negative changes in different years.
| Particulars | 2024 | 2023 |
| Debt/Equity Ratio | 4.7 | 2.92 |
| Debt Service Coverage Ratio | 0.19 | 0.25 |
| Interest Service Coverage Ratio | 3.22 | 4.72 |
| EPS (in Rs.) | 597.42 | 490.22 |
| Current Ratio | 1.08 | 1.12 |
| Current Liability Ratio | 0.99 | 0.99 |
| Total Debt to Total Assets | 0.68 | 0.63 |
| Debtors Turnover | 2.07 | 4.64 |
| Operating Margin | 48% | 55% |
| Net Profit Margin | 36% | 41% |
Insights into the financial health and performance of the company in 2024 and 2023:
Here 's an analysis of the financial ratios for the company in 2023 and 2024:
1. Debt/Equity Ratio:
- Increased from 2.92 in 2023 to 4.7 in 2024, indicating a higher level of debt relative to equity. This suggests increased financial leverage in 2024 compared to 2023.
2. Debt Service Coverage Ratio (DSCR):
- Decreased from 0.25 in 2023 to 0.19 in 2024. A lower DSCR suggests that the company may have faced more difficulty in meeting its debt obligations from its operating income in 2024 compared to 2023.
3. Interest Service Coverage Ratio (ISCR):
- Decreased from 4.72 in 2023 to 3.22 in 2024. A lower ISCR indicates a reduced ability to cover interest payments from operating income in 2024 compared to 2023.
4. Earnings Per Share (EPS):
- Increased from Rs. 490.22 in 2023 to Rs. 597.42 in 2024. This indicates higher earnings attributable to each outstanding share in 2024 compared to 2023.
5. Current Ratio:
- Decreased from 1.12 in 2023 to 1.08 in 2024. While still above 1, suggesting the company 's ability to meet short-term obligations, the decrease indicates a slight weakening in liquidity from 2023 to 2024.
6. Current Liability Ratio:
- Remained constant at 0.99 in both 2023 and 2024, indicating that current liabilities make up approximately the same proportion of total liabilities in both years.
7. Total Debt to Total Assets Ratio:
- Increased from 0.63 in 2023 to 0.68 in 2024, indicating a higher proportion of assets financed by debt in 2024 compared to 2023.
8. Debtors Turnover:
- Decreased from 4.64 in 2023 to 2.07 in 2024. A lower debtors turnover ratio suggests that the company took longer to collect payments from its debtors in 2024 compared to 2023.
9. Operating Margin:
- Decreased from 55% in 2023 to 48% in 2024. This indicates a lower percentage of revenue left after covering operating expenses in 2024 compared to 2023.
10. Net Profit Margin:
- Decreased from 41% in 2023 to 36% in 2024. This indicates a lower percentage of net profit generated from total revenue in 2024 compared to 2023.
| Particulars | 2024 | 2023 | 2022 | 2021 |
| Dividend (final + interim) (In Rs.) | 510 | 440 | 547 | 318 |
