Periods | 1 Week | 1 Month | 3 Months | 6 Months | 1 Year | 3 Years | All Time |
---|---|---|---|---|---|---|---|
Primex-40 | |||||||
Inox Leasing And Finance Limited |
PARTICULARS | 2023 | 2022 |
ASSETS | ||
Financial assets | ||
Cash and cash equivalents | 4,678.03 | 9,303.60 |
Bank balances other than (a) above | 50,211.01 | 53,579.07 |
Trade receivables | 1,86,421.98 | 1,85,301.86 |
Loans | 40,718.69 | 30,321.01 |
Investments | 2,901.77 | 6,708.63 |
Investment at Equity Method | 86.29 | 3,337.81 |
Other financial assets | 1,33,162.32 | 1,35,899.08 |
4,18,180.09 | 4,24,451.06 | |
Non-financial assets | ||
Inventory | 2,61,545.83 | 1,95,101.99 |
Current tax assets (Net) | 3,112.64 | 4,109.80 |
Deferred tax assets (Net) | 60,237.36 | 58,408.39 |
Property, Plant and Equipment | 4,53,286.89 | 3,78,716.11 |
Capital Work in Progress | 1,30,532.77 | 86,790.64 |
Investment Property | 338.18 | 643.71 |
Intangible asset | 5,512.23 | 2,900.38 |
Intangible asset under development | 1529.91 | - |
Goodwill | 1011.3 | - |
Right-of-use asset | 17,789.87 | 8,780.81 |
Other non-financial assets | 64,895.83 | 41,637.83 |
9,99,792.81 | 7,77,089.66 | |
TOTAL ASSETS | 14,17,972.90 | 12,01,540.72 |
LIABILITIES AND EQUITY | ||
LIABILITIES | ||
Financial liabilities | ||
Derivative financial instruments | - | - |
Trade Payables | ||
(i) total outstanding dues to micro and small enterprises | 939.78 | 597.61 |
(ii) total outstanding dues of creditors other than micro and small enter-prises | 1,21,421.36 | 1,21,625.15 |
Debt securities | - | 32,484.70 |
Borrowings (Other than debt securities) | 2,79,997.79 | 2,43,717.39 |
Other financial liabilities | 91,485.93 | 79,049.86 |
4,93,844.86 | 4,77,474.71 | |
Non-financial liabilities | ||
Provisions | 7,291.53 | 6,219.41 |
Other non-financial liabilities | 29,005.53 | 58,908.21 |
Deferred tax Liabilities (Net) | 25,571.00 | 27,912.56 |
61,868.05 | 93,040.18 | |
EQUITY | ||
Equity Share Capital | 990.01 | 990.01 |
Investments entirely equity in nature | 8,500.00 | |
Other equity | 4,25,696.90 | 3,80,314.46 |
Equity attributable to Owners of the Company | 4,26,686.90 | 3,89,804.47 |
Non Controlling Interests | 4,35,573.09 | 2,41,221.36 |
8,62,259.99 | 6,31,025.83 | |
TOTAL LIABILITIES and EQUITY | 14,17,972.90 | 12,01,540.72 |
Particulars | 2023 | 2022 |
Revenue | ||
a. Revenue from operations | ||
Sale of product | 6,09,242.77 | 4,17,836.96 |
Sale of services | 22,484.07 | 32,601.95 |
Interest income | 2,528.99 | 9,482.74 |
Dividend Income | - | - |
Brokerage received | 83 | 73.12 |
Profit/(Loss) attributable to change in fair value of Investment | -895.86 | 3,494.37 |
b. Other income | 19,857.93 | 92,118.63 |
Total revenue (a+b) | 6,53,300.90 | 5,55,607.77 |
Expenses | ||
Cost of material consumed | 2,36,086.67 | 1,59,153.25 |
Material extraction and processing cost | 2,812.71 | 2,747.48 |
Purchases of stock-in-trade | - | 753.68 |
Change in stock | -32,900.68 | -4,955.56 |
Finance costs | 38,916.69 | 47,818.56 |
Power and fuel | 95,536.96 | 67,395.89 |
Employees benefit expenses | 41,189.89 | 40,092.42 |
Depreciation and amortisation expense | 34,223.47 | 44,469.84 |
Exhibition cost | - | 1,961.79 |
Rent concessions | - | -7,686.80 |
Other expenses | 1,32,025.26 | 1,27,685.03 |
Total expenses (a+b+c+d+e+f) | 5,47,890.96 | 4,79,435.58 |
Less: Expenditure capitalised | 3,332.65 | 4,291.74 |
Net Expenses | 5,44,558.32 | 4,75,143.84 |
Share of losses of Associates | - | 199.96 |
Share of loss of joint venture | -0.52 | -0.52 |
Profit before tax and exceptional items (1-2) | 1,08,742.06 | 80,663.37 |
Exceptional itmes | - | - |
Profit before tax | 1,08,742.06 | 80,663.37 |
Tax expense | ||
Current tax | 52,356.46 | 29,032.30 |
Deferred tax charge/(benefits) | -4,061.59 | -24,171.62 |
Taxes for earlier years | -156.4 | -187.14 |
MAT credit entitlement | - | - |
Total tax expense | 48,138.47 | 4,673.55 |
Profit for the year (3-4) | 60,603.59 | 75,989.82 |
Less: share of Minority interest in profit | ||
60,603.59 | 75,989.82 | |
Profit/(loss) from discontinued operations before tax | - | 54 |
Tax expense on discontinued operations | - | -14 |
- | 40 | |
Net profit | 60,603.59 | 76,029.82 |
Other comprehensive income | ||
Items that will not be reclassified to profit or loss | ||
a. Remeasurement profit/( loss) on defined benefit plans | 5.42 | 149.48 |
Income tax relating to remeasurement profit/(loss) on defined benefit plans | 30.13 | -52.71 |
b. Equity instruments through other comprehensive income | ||
Income tax relating to FVTOCI to equity investments | ||
Deferred tax charge/ (benefits) relating to FVTOCI to equity investments | - | |
Items that will be reclassified to profit or loss | ||
Exchange difference in translating financial statements of foreign operations | 1644.53 | -295.3 |
Gains and (losses) on effective portion of hedging instruments in a cash flow hedge | -6.47 | 36.96 |
Tax on (b) above | 1.63 | -9.3 |
Remeasurement of the defined benefit plans | - | - |
Tax on (d) above | - | - |
Other comprehensive profif for the year | 1675.24 | -170.88 |
1675.24 | -170.88 | |
Total comprehensive profit for the year | 62,278.83 | 75,858.95 |
Profit/(loss) for the year attributable to: | ||
- Owners of the Company | 44,685.01 | 71,666.40 |
- Non-controlling interest | 15,918.58 | 4,363.43 |
Other comprehensive income for the year attributable to: | ||
- Owners of the Company | 878.11 | -105.15 |
- Non-controlling interest | 797.13 | -65.73 |
Total comprehensive income for the year attributable to: | ||
- Owners of the Company | 45,563.12 | 71,561.25 |
- Non-controlling interest | 16,715.71 | 4,297.85 |
Basic and Diluted Earnings per equity share of Rs. 10/- each (in Rs.) | 612.15 | 767.57 |
Particulars | 2023 | 2022 |
CASH FLOWS FROM OPERATING ACTIVITIES | ||
Profit after tax but before exceptional item | 60,603.59 | 90,187.84 |
Adjustments for: | ||
Depreciation and amortisation expense | 34,223.47 | 44,469.84 |
Adjustments from changes in Equity | ||
Other Comprehensive Income | 1675.24 | -170.88 |
Transfer to Reserve on Consolidation | - | -2,197.00 |
Transfer to Non Controlling interest | - | -4,400.83 |
Adjustment on Consolidation/Demerger | - | -3,381.87 |
On account of demerger of Renewable Energy Business | 417 | - |
Investment entirely in nature of equity | -8,500.00 | 8,500.00 |
Due to change in shareholding percentage | - | -47,089.15 |
Elimination on sale of subsidiary | - | -60,622.15 |
MAT Credit Adjustment | - | -43.86 |
Operating profit before working capital changes | 88,419.29 | 25,251.95 |
Changes in working capital | ||
Adjustments for (increase) / decrease in operating assets: | ||
Changes in Inventory | -66,443.84 | -15,994.35 |
Other loans | -10397.69 | -104.77 |
Other financial assets | 2,736.76 | -10,408.10 |
Other non- financial assets | -23,258.00 | -6,400.77 |
Trade receivables | -1,120.12 | -12,063.01 |
Tax Assets and Liabilities | -3,173.38 | 9,176.38 |
Adjustments for increase / (decrease) in operating liabilities: | ||
Other financial liabilities | 12,436.07 | -2,60,918.14 |
Provisions | 1,072.11 | -3,205.28 |
Trade payables | 138.38 | -12,088.63 |
Other non- financial liabilities | -34,896.61 | 24,115.60 |
Cash flow from operating activities post working capital changes | -34,487.00 | -2,62,639.12 |
Income- tax paid | - | - |
Net cash flow from operating activities (A) | -34,487.00 | -2,62,639.12 |
CASH FLOWS FROM INVESTING ACTIVITIES | ||
Additions in PPE, Investment Property and ROU (net) | -1,17,497.78 | -71,771.96 |
Proceeds from sale of PPE, Investment Property and ROU | - | 7,920.55 |
Adjustments of PPE, Investment Property and ROU | - | -8,539.50 |
Movement due to Amalgamation/disposal of subsidiary | - | 3,07,783.39 |
Movement due to Foreign Currency changes in PPE and Intangible assets | - | -364.52 |
Changes in WIP | -43,742.13 | -8,210.20 |
Changes in Goodwill and Intangible | -5,153.06 | 1,501.79 |
Proceeds from term desposit | 3,368.06 | -2,800.68 |
Proceeds from sale/ redemption of investments | 1,01,427.62 | 13,862.59 |
Net cash used in investing activities (B) | -61,597.30 | 2,39,381.45 |
CASH FLOWS FROM FINANCING ACTIVITIES | ||
Proceeds from borrowings (net) | 3795.7 | |
Dividend paid | -776.49 | 15,401.47 |
Proceeds from issue of shares by IWEL Group | 88901.98 | - |
Issue of Share Warrants | -500.00 | 2,250.00 |
Forfeiture of Share Warrants | 37.54 | - |
Buy back of shares | - | -163.48 |
Net cash flow from financing activities (C) | 91,458.73 | 17,487.99 |
Increase in cash and cash equivalents (A+B+C) | -4,625.57 | -5,769.68 |
Cash and cash equivalents at the beginning of the year | 9,303.60 | 15,073.28 |
Cash and cash equivalents at the end of the year | 4,678.03 | 9,303.60 |
Note: Cash and cash equivalents included in the Cash Flow Statement comprise of the following:- | ||
Cash on hand | 11.34 | 9.52 |
Balances with banks: | ||
- in current accounts | 3,001.33 | 8,853.10 |
- in cash credit accounts | 1665.35 | 440.98 |
Total | 4,678.03 | 9,303.60 |
Cash Flow from Operating Activities:
- 2023: The net cash flow from operating activities was negative at ₹34,487.00. This indicates that the company 's operating cash outflows exceeded its operating cash inflows during the year.
- 2022: Similarly, in 2022, the net cash flow from operating activities was negative at ₹2,62,639.12, indicating a significant deficit in operating cash flows.
Cash Flow from Investing Activities:
- 2023: The net cash used in investing activities amounted to ₹61,597.30. This suggests that the company made significant investments in assets such as property, plant, and equipment, as well as in term deposits and investments.
- 2022: In contrast, in 2022, there was a net cash inflow from investing activities of ₹2,39,381.45, primarily due to proceeds from the sale/redemption of investments.
Cash Flow from Financing Activities:
- 2023: The net cash flow from financing activities was positive at ₹91,458.73. This indicates that the company raised more cash from financing activities than it paid out during the year, primarily driven by proceeds from borrowings and issuance of shares.
- 2022: Similarly, in 2022, there was a net cash inflow from financing activities of ₹17,487.99, mainly due to proceeds from the issue of shares and borrowings, partially offset by dividend payments.
Increase in Cash and Cash Equivalents:
- 2023: There was a decrease in cash and cash equivalents by ₹4,625.57 during the year, indicating that the company 's cash outflows exceeded its cash inflows.
- 2022: Similarly, in 2022, there was a decrease in cash and cash equivalents by ₹5,769.68.
Cash and Cash Equivalents:
- 2023: The company ended the year with cash and cash equivalents totaling ₹4,678.03, significantly lower than the beginning balance of ₹9,303.60.
- 2022: In 2022, the company had cash and cash equivalents totaling ₹9,303.60 at the end of the year.
Particulars |
2023 |
Dividend (final + interim) (In Rs.) |
36 |