| Periods | 1 Week | 1 Month | 3 Months | 6 Months | 1 Year | 3 Years | All Time |
|---|---|---|---|---|---|---|---|
| Primex-40 | |||||||
| Merind Limited |
|
PARTICULARS |
2023 |
2022 |
|
ASSETS |
|
|
|
Non-current assets |
|
|
|
Property, Plant and Equipment |
1,397 |
1,444 |
|
Financial assets |
|
|
|
Investments |
8,44,678 |
7,99,421 |
|
Non-current tax assets (Net) |
70,481 |
69,649 |
|
Other non-current assets |
4,854 |
4,851 |
|
|
9,21,410 |
8,75,365 |
|
Current assets |
|
|
|
Cash and cash equivalents |
3,732 |
7,800 |
|
Bank balances (other than above) |
7,246 |
22,621 |
|
Loans given |
11,70,066 |
10,25,311 |
|
Others |
796 |
796 |
|
Other current assets |
4,630 |
1,572 |
|
|
11,86,470 |
10,58,100 |
|
TOTAL ASSETS |
21,07,880 |
19,33,465 |
|
EQUITY AND LIABILITIES EQUITY |
|
|
|
Equity Share capital |
36,420 |
36,420 |
|
Other Equity |
18,28,550 |
17,60,471 |
|
|
18,64,970 |
17,96,891 |
|
LIABILITIES |
|
|
|
Non-current liabilities |
|
|
|
Deferred tax liabilities |
12,866 |
9,268 |
|
|
12,866 |
9,268 |
|
Current liabilities |
|
|
|
Borrowings |
1,87,736 |
1,02,012 |
|
Other financial liabilities |
16,748 |
400 |
|
Other current liabilities |
902 |
236 |
|
Current Tax Liabilities (Net) |
24,658 |
24,658 |
|
|
2,30,044 |
1,27,306 |
|
TOTAL LIABILITIES |
21,07,880 |
19,33,465 |
|
PARTICULARS |
2023 |
2022 |
|
REVENUE |
|
|
|
Other Income |
1,10,968 |
1,14,145 |
|
Total Revenue |
1,10,968 |
1,14,145 |
|
EXPENSES |
|
|
|
Finance costs |
7,284 |
2,843 |
|
Depreciation and amortisation expense |
47 |
47 |
|
Other Expenses |
18,447 |
2,523 |
|
Total Expenses |
25,778 |
5,413 |
|
Profit/(Loss) before tax |
85,190 |
1,08,732 |
|
Tax Expense |
|
|
|
Current Tax |
-13,513 |
-17,648 |
|
Deferred Tax (Charge)/Credit - Net |
-3,598 |
-3,376 |
|
Profit/(Loss) after Tax |
68,079 |
87,708 |
|
Total Comprehensive Income |
68,079 |
87,708 |
|
Earnings per equity share of face value of `10 each |
|
|
|
Basic ` |
18.69 |
24.08 |
|
Diluted ` |
18.69 |
24.08 |
|
PARTICULARS |
2023 |
2022 |
|
CASH FLOWS FROM OPERATING ACTIVITIES: |
|
|
|
Net profit/(loss) before taxation |
85,190 |
1,08,732 |
|
Adjustments for: |
|
|
|
Depreciation and amortisation expense |
47 |
47 |
|
Finance costs |
7,284 |
2,843 |
|
Interest Income |
-65,229 |
-72,010 |
|
Fair valuation of preference shares |
-17,301 |
-16,235 |
|
Notional interest on preference shares |
-27,958 |
-25,416 |
|
Operating loss before Working Capital changes |
-17,967 |
-2,039 |
|
Movement in working capital: |
|
|
|
(Increase) in Loans and advances and other assets |
-3,061 |
-311 |
|
Increase in Liabilities and Provisions |
17,014 |
173 |
|
Cash used in Operations |
-4,014 |
-2,177 |
|
Income taxes paid, net |
-14,885 |
-11,901 |
|
Net cash used in Operating Activities (A) |
-18,899 |
-14,078 |
|
CASH FLOWS PROVIDED BY INVESTING ACTIVITIES: |
|
|
|
Repayment by related parties (net) |
-90,700 |
-1,50,000 |
|
Margin money and Fixed Deposits |
15,375 |
29,819 |
|
Interest Received |
11,174 |
8,751 |
|
Net cash from Investing Activities (B) |
-64,151 |
-1,11,430 |
|
CASH FLOWS FROM/ FINANCING ACTIVITIES: |
|
|
|
Loan taken from related parties |
1,50,000 |
1,00,000 |
|
Repayment of borrowings |
-70,000 |
– |
|
Interest paid |
-1,018 |
-223 |
|
Net cash from Financing Activities (C) |
78,982 |
99,777 |
|
Net inc/(dec) in cash and cash equivalents (A+B+C) |
-4,068 |
-25,731 |
|
Cash and cash equivalents at beginning of year |
7,800 |
33,531 |
|
Cash and cash equivalents at end of year |
3,732 |
7,800 |
Certainly, here is a summary of the Cash Flow Statement for the years 2023 and 2022:
Cash Flows from Operating Activities
In 2023, the company reported a net profit before taxation of ₹85,190, and after accounting for adjustments such as depreciation, finance costs, and interest income, the operating loss before working capital changes was -₹17,967. Despite these adjustments, changes in working capital, including increased liabilities and provisions, resulted in cash used in operations of -₹4,014. Furthermore, income taxes paid amounted to -₹14,885, leading to a net cash used in operating activities of -₹18,899.
In 2022, the company reported a higher net profit before taxation of ₹1,08,732, but similar adjustments were applied. Despite the adjustments and changes in working capital, the cash used in operations was -₹2,177, and income taxes paid amounted to -₹11,901, resulting in a net cash used in operating activities of -₹14,078.
Cash Flows Provided by Investing Activities
In 2023, the company experienced cash flows from investing activities including repayment by related parties (net) of -₹90,700, margin money and fixed deposits of ₹15,375, and interest received of ₹11,174. This led to a net cash from investing activities of -₹64,151.
In 2022, the company 's investing activities involved a net repayment by related parties of -₹1,50,000, margin money and fixed deposits of ₹29,819, and interest received of ₹8,751. This resulted in a net cash from investing activities of -₹1,11,430.
Cash Flows from Financing Activities
In 2023, financing activities included a loan from related parties of ₹1,50,000, repayment of borrowings of -₹70,000, and interest paid of -₹1,018. This led to a net cash from financing activities of ₹78,982.
In 2022, financing activities involved a loan from related parties of ₹1,00,000 and interest paid of -₹223, with no reported repayment of borrowings. This resulted in a net cash from financing activities of ₹99,777.
Net Change in Cash and Cash Equivalents
The net increase/(decrease) in cash and cash equivalents for 2023 was -₹4,068, starting the year with ₹7,800 and ending with ₹3,732 in cash and cash equivalents.
For 2022, the net increase/(decrease) in cash and cash equivalents was -₹25,731, starting the year with ₹33,531 and ending with ₹7,800 in cash and cash equivalents.
