| Periods | 1 Week | 1 Month | 3 Months | 6 Months | 1 Year | 3 Years | All Time |
|---|---|---|---|---|---|---|---|
| Primex-40 | |||||||
| Incred Prime Finance Ltd |
|
Particulars |
31 March 2023 |
31 March 2022 |
|
ASSETS |
- |
- |
|
Financial Assets |
- |
- |
|
Cash and cash equivalents |
8.27 |
5,203.13 |
|
Bank balances other than Cash and Cash equivalent |
- |
2991.36 |
|
Derivative financial Instruments |
- |
1181.05 |
|
Loans |
145.03 |
373226.42 |
|
Investments |
- |
8,679.53 |
|
Other financial assets |
148.55 |
2,736.69 |
|
Non Financial Assets |
- |
- |
|
Current tax assets |
1,183.68 |
1,184.47 |
|
Deffered Tax Assets |
47.38 |
2038.67 |
|
Property, Plant and Equipment |
0.54 |
3384.8 |
|
Capital Work in-Progress |
- |
293.95 |
|
Other Intangible Assets |
- |
188.63 |
|
Other Non Financial Assets |
896.3 |
1280.55 |
|
TOTAL ASSETS |
2,429.75 |
4,02,389.25 |
|
EQUITY AND LIABILITIES |
- |
- |
|
Financial Liabilities |
|
|
|
Derivative financial Instruments |
- |
186.87 |
|
Debt Securities |
- |
1,06,523.77 |
|
Borrowings (other than Debt Securities) |
- |
1,75,065.49 |
|
Other financial liabilities |
1,110.30 |
8,157.93 |
|
Non Financial Liabilities |
|
|
|
Provisions |
1.27 |
323.27 |
|
Other Non Financial Liabilities |
223.48 |
900.48 |
|
Equity |
- |
- |
|
Equity Share Capital |
3880.26 |
35450.27 |
|
Preference Share Capital |
- |
3347.96 |
|
Other Equity |
-2,785.56 |
72433.21 |
|
TOTAL EQUITY AND LIABILITIES |
2,429.75 |
4,02,389.25 |
|
Particulars |
31 March 2023 |
31 March 2022 |
|
Revenue from operations |
|
|
|
Interest Income |
74.85 |
47,334.45 |
|
Net gain on derecognition of financial instruments under amortised Category |
- |
336.68 |
|
Fees and commission Income |
2.61 |
1022.24 |
|
Net gain/(loss) on fair value changes |
- |
98.29 |
|
Other Income |
134.04 |
3,330.04 |
|
Total Income |
211.50 |
52,121.70 |
|
Finance Costs |
18.00 |
21,951.92 |
|
Net loss on derecognition of financial instruments under amortised Category |
- |
1,045.87 |
|
Impairment of financial Instruments |
23.51 |
4351.54 |
|
Employee benefits expenses |
52.54 |
13687.76 |
|
Depriciation, amotization and impairment |
0.50 |
1070.58 |
|
Other expenses |
100.31 |
5196.83 |
|
Total Expenses |
194.86 |
47,304.50 |
|
Profit before Tax |
16.64 |
4817.20 |
|
Current tax |
6.64 |
1358.68 |
|
Deferred tax |
8.49 |
-153.25 |
|
Profit for the Period |
1.51 |
3611.77 |
|
Other comprehensive Income |
|
|
|
Items that will not be reclassified to profit or loss |
- |
- |
|
Remeasurement gain/(loss) of the defined benefit plans |
- |
-94.84 |
|
Income Tax relating to items that will not be reclassified to profit or loss |
- |
23.87 |
|
Items that will be reclassified to profit or loss |
- |
- |
|
Debt Instruments through other comprehensive Income |
- |
120.30 |
|
The Effective Portion of gains and loss on hedging instruments in a cash flow hedge |
- |
103.74 |
|
Income Tax relating to items that will not be reclassified to profit or loss |
- |
4.17 |
|
Other Comprehensive Income/(loss) |
- |
-83.36 |
|
Total comprehensive Income for the Period |
1.51 |
3528.41 |
|
Earnings per equity share |
|
|
|
Basic (Rs.) |
0.00 |
0.94 |
|
Diluted (Rs.) |
0.00 |
0.93 |
|
Particulars |
31 March 2023 |
31 March 2022 |
|
Cash flows from operating activities |
|
|
|
Profit before tax |
16.64 |
4817.20 |
|
Adjustments for: |
|
|
|
Depreciation and amortisation |
0.76 |
656.90 |
|
Loss on sale of property, plant and equipment |
|
3.4 |
|
Net (gain) on fair value changes |
- |
-98.29 |
|
Interest Income |
-75.00 |
-47334.45 |
|
Finance costs |
18.00 |
21568.06 |
|
Impairment on Financial Instruments |
29.00 |
4356.83 |
|
Share based payment to employees |
- |
2442.16 |
|
Retirement benefit Expenses |
- |
60.52 |
|
Operating profit before working capital changes |
-10.60 |
-13527.67 |
|
(Increase) in Loans |
860.00 |
-122227.31 |
|
(Increase)/decrease in Other financial assets |
-89.00 |
-915.42 |
|
(Increase)/decrease in Other Non financial Assets |
16.00 |
5.00 |
|
Increase in other financial liabilities |
386.00 |
1840.23 |
|
Increase in other Non financial liabilities |
-221.00 |
384.28 |
|
Increase/(decrease) in provisions |
|
-1.58 |
|
Cash generated from operations |
941.38 |
-134442.47 |
|
Interest received on loans |
75.00 |
45746.66 |
|
Interest Paid on borrowings and debt |
-18.00 |
-21568.06 |
|
Income tax paid (net) |
-6.00 |
-1822.5 |
|
Net cash (used) in operating activities |
992.39 |
-112086.37 |
|
Cash flows from investing activities |
|
|
|
Purchase of Property, plant and equipment |
- |
-527.29 |
|
Proceeds from sale of property, plant and equipment |
- |
37.77 |
|
Purchase Of Intangible Assets |
- |
-107.08 |
|
Capital work in Progress |
- |
-279.45 |
|
Investment in Subsidiaries |
- |
-999.34 |
|
Purchase of Investments |
- |
-61273.28 |
|
Proceeds from Sale of Investments |
- |
66947.44 |
|
Investments in term deposits earmarked with banks |
- |
-57430.3 |
|
Proceeds from maturity in term deposits earmarked with banks |
- |
55027.4 |
|
Net cash (used in)/generated from investing activities |
- |
1395.87 |
|
Cash flows from financing activities |
|
|
|
proceeds from issue of equity shares (includes securities premium) |
15.89 |
671.64 |
|
Reversal of Rent Expense |
- |
-441.55 |
|
Proceeds from borrowings (other than Debt Securities) |
- |
155520.00 |
|
proceeds from issue of Debt Securities |
- |
93524.29 |
|
Repayment of Borrowings (other than Debt Securities) |
-1,000.00 |
-74624.56 |
|
Redemption of Debt Securities |
- |
-60827.55 |
|
Net cash generated from financing activities |
-984.11 |
113822.27 |
|
Net increase/(decrease) in cash and cash equivalents during the year |
8.27 |
3131.77 |
|
Cash and cash equivalents at the beginning of the year |
- |
-645.69 |
|
Cash and cash equivalents at the end of the year |
8.27 |
2486.08 |
Cash Flows from Operating Activities:
Despite the negative operating profit, cash generated from operations was $941.38 in 2023 and significantly negative at -rs.134442.47 in 2022, indicating potential liquidity challenges or operational inefficiencies.
Interest received on loans amounted to rs.75.00 in 2023 and rs.45746.66 in 2022, contributing to cash flows from operating activities.
Interest paid on borrowings and debt amounted to -rs.18.00 in 2023 and -rs.21568.06 in 2022, reflecting cash outflows associated with financing activities.
Income tax paid (net) was -rs.6.00 in 2023 and -rs.1822.5 in 2022, indicating tax liabilities settled during the period.
Cash Flows from Investing Activities:
There were no specific data provided for investing activities in either year.
Cash Flows from Financing Activities:
Proceeds from the issue of equity shares amounted to rs.15.89 in 2023 and rs.671.64 in 2022, indicating equity financing activities.
There was no data provided for the reversal of rent expense in 2023, while it amounted to -rs.441.55 in 2022.
Proceeds from borrowings (other than Debt Securities) totaled rs.155520.00 in 2022, indicating significant borrowing activities.
Proceeds from the issue of Debt Securities amounted to rs.93524.29 in 2022, indicating debt financing activities.
Repayment of Borrowings (other than Debt Securities) amounted to -rs.1000.00 in 2023 and -rs.74624.56 in 2022, reflecting debt repayment activities.
Redemption of Debt Securities amounted to -rs.60827.55 in 2022, indicating the redemption of debt securities.
Net Increase/(Decrease) in Cash and Cash Equivalents:
There was a slight increase in cash and cash equivalents by rs.8.27 in 2023 and a significant increase by rs.3131.77 in 2022.
Cash and Cash Equivalents:
Cash and cash equivalents at the end of the year were rs.8.27 in 2023 and rs. 2486.08 in 2022, indicating the liquidity position at the end of each period.
