| Periods | 1 Week | 1 Month | 3 Months | 6 Months | 1 Year | 3 Years | All Time |
|---|---|---|---|---|---|---|---|
| Primex-40 | |||||||
| Midland Microfin Limited |
|
PARTICULARS |
31st March 2020 |
31st March 2019 |
|
ASSETS |
||
|
FINANCIAL ASSETS |
||
|
Cash and cash equivalents |
223.48 |
214.51 |
|
Trade receivables |
0.27 |
0.46 |
|
Loan portfolio |
726.46 |
543.19 |
|
Investments |
0.00 |
5.00 |
|
Other financial assets |
7.38 |
2.10 |
|
TOTAL FINANCIAL ASSETS |
957.60 |
765.26 |
|
NON-FINANCIAL ASSETS |
||
|
Tax assets |
4.50 |
3.64 |
|
Property, plant and equipment |
13.25 |
6.57 |
|
Intangible assets |
1.13 |
0.98 |
|
Other non-financial assets |
3.04 |
1.83 |
|
TOTAL NON-FINANCIAL ASSETS |
21.91 |
13.03 |
|
TOTAL ASSETS |
979.51 |
778.28 |
|
LIABILITIES AND EQUITY |
||
|
FINANCIAL LIABILITIES |
||
|
Derivative financial instruments |
1.09 |
0.00 |
|
Trade payables |
0.66 |
0.82 |
|
Debt securities |
103.55 |
129.25 |
|
Borrowings (other than debt securities) |
659.00 |
481.93 |
|
Subordinated liabilities |
77.99 |
61.48 |
|
Other financial liabilities |
15.79 |
19.13 |
|
TOTAL FINANCIAL LIABILITIES |
858.08 |
692.60 |
|
NON-FINANCIAL LIABILITIES |
||
|
Provisions |
1.41 |
1.09 |
|
Other non-financial liabilities |
1.42 |
1.21 |
|
TOTAL NON-FINANCIAL LIABILITIES |
2.83 |
2.29 |
|
EQUITY |
||
|
Equity share capital |
33.33 |
28.79 |
|
Other equity |
85.27 |
54.60 |
|
TOTAL EQUITY |
118.59 |
83.39 |
|
TOTAL LIABILITIES AND EQUITY |
979.51 |
778.28 |
|
PARTICULARS |
2020 |
2019 |
2018 |
|
Interest Income |
177.89 |
112.36 |
48.94 |
|
Total Revenue from Operations |
183.50 |
113.68 |
53.04 |
|
EBITDA |
28.08 |
12.11 |
-0.83 |
|
Finance Cost |
98.96 |
59.54 |
27.68 |
|
Depreciation |
3.64 |
1.68 |
1.34 |
|
Other Income |
0.64 |
2.21 |
3.76 |
|
Profit/Loss before Tax and Exceptional items |
25.08 |
12.64 |
1.60 |
|
Total Tax |
6.35 |
3.99 |
0.42 |
|
Profit After Tax (PAT) |
18.73 |
8.65 |
1.18 |
|
EPS |
5.96 |
3.70 |
0.43 |
|
Particulars |
31st March 2022 |
31st March 2021 |
|
Cash Flow Summary |
|
|
|
Cash and Cash Equivalents at Beginning of the year |
149.03 |
79.97 |
|
Net Cash from Operating Activities |
-321.34 |
-21.47 |
|
Net Profit before Tax & Extraordinary Items |
29.32 |
19.01 |
|
Depreciation |
3.01 |
3.76 |
|
Interest (Net) |
0.52 |
0.85 |
|
P/L on Sales of Invest |
-0.01 |
0 |
|
Prov. & W/O (Net) |
9.83 |
13.04 |
|
Others |
-4.84 |
0.33 |
|
Total Adjustments (PBT & Extraordinary Items) |
8.51 |
17.99 |
|
Op. Profit before Working Capital Changes |
37.83 |
37 |
|
Trade & 0th receivables |
-1.29 |
0.07 |
|
Trade Payables |
2.28 |
-0.03 |
|
Loans & Advances |
-287.98 |
-41.65 |
|
Others |
-55.51 |
-10.65 |
|
Total (OP before Working Capital Changes) |
-342.5 |
-52.24 |
|
Cash Generated from/(used in) Operations |
-304.68 |
-15.25 |
|
Direct Taxes Paid |
-16.66 |
-6.23 |
|
Total-others |
-16.66 |
-6.23 |
|
Cash Flow before Extraordinary Items |
-321.34 |
-21.47 |
|
Net Cash Used in Investing Activities |
-17.72 |
-1.91 |
|
Purchased of Fixed Assets |
-2.73 |
-1.91 |
|
Sale of Investments |
1.01 |
0 |
|
Net Cash Used in Financing Activities |
424.84 |
92.44 |
|
Proceeds from Issue of shares (incl share premium) |
74.41 |
45 |
|
Proceed from Issue of Debentures |
0.71 |
27.94 |
|
Proceed from 0ther Long Term Borrowings |
352.85 |
27.35 |
|
Of the Long Term Borrowings |
0 |
-5.78 |
|
Dividend Paid |
-2.35 |
-2 |
|
Others |
-0.78 |
-0.07 |
|
Net Inc/(Dec) in Cash and Cash Equivalent |
85.78 |
69.06 |
|
Cash and Cash Equivalents at End of the year |
234.81 |
149.03 |
Summary of cash flow statement for Midland Microfin Limited
The cash flow from operating activities represents the cash generated or used in the company 's core operations. Midland Microfin Limited had a net cash outflow from operating activities in both years. In 2022, it had a net cash outflow of Rs. 321.34 Crore, and in 2021, it had a net cash outflow of Rs. 21.47 Crore.
The cash flow from investing activities accounts for the cash inflows and outflows related to investments and capital expenditures. Midland Microfin Limited had a net cash outflow from investing activities in both years. In 2022, it had a net cash outflow of Rs. 17.72 Crore, and in 2021, it had a net cash outflow of Rs. 1.91 Crore.
The cash flow from financing activities represents the cash inflows and outflows related to raising capital, repaying debts, and other financing activities. Midland Microfin Limited had a net cash inflow from financing activities in both years. In 2022, it had a net cash inflow of Rs. 424.84 Crore, and in 2021, it had a net cash inflow of Rs. 92.44 Crore.
As of March 31, 2022: Cash and cash equivalents were Rs. 149.03 Crore at the beginning of the year and increased to Rs. 234.81 Crore at the end of the year.
As of March 31, 2021: Cash and cash equivalents were Rs. 79.97 Crore at the beginning of the year and increased to Rs. 149.03 Crore at the end of the year.
|
Particulars |
Mar-22 |
Mar-21 |
|
Sources of funds |
|
|
|
Cash profit |
25.26 |
25.29 |
|
Increase in equity |
6.4 |
39.17 |
|
Increase in other net worth |
67.71 |
125.01 |
|
Increase in loan funds |
352.54 |
893.11 |
|
Total Inflow |
451.91 |
1,082.58 |
|
Application of funds |
|
|
|
Increase in gross block |
2.34 |
23.28 |
|
Increase in investments |
15 |
0 |
|
Increase in working capital |
432.23 |
1,057.30 |
|
Dividend |
2.35 |
2 |
|
Total Outflow |
451.92 |
1,082.58 |
|
Particulars |
Mar-22 |
Mar-21 |
|
Key Ratios |
|
|
|
Debt-Equity Ratio |
4.78 |
5.05 |
|
Long Term Debt-Equity Ratio |
4.78 |
5.05 |
|
Current Ratio |
29.59 |
33.27 |
|
Turnover Ratios |
|
|
|
Fixed Assets Turnover Ratio |
8.99 |
8.26 |
|
Debtors Turnover Ratio |
260.09 |
961.75 |
|
Total Asset Turnover Ratio |
0.17 |
0.18 |
|
Interest Cover Ratio |
1.28 |
1.18 |
|
PBIDTM (%) |
62.06 |
65.75 |
|
PBITM (%) |
60.69 |
63.8 |
|
PBDTM (%) |
14.71 |
11.84 |
|
CPM (%) |
11.51 |
9.56 |
|
APATM (%) |
10.14 |
7.61 |
|
ROCE (%) |
10.31 |
11.47 |
|
RONW (%) |
9.95 |
8.27 |
|
Payout (%) |
10.55 |
13.67 |
|
Particulars |
2020 |
2019 |
2018 |
|
Dividend (final + interim) (In Rs.) |
0.60 |
0.60 |
Nil |
|
Retained Earnings (Consolidated) (In Rs. Crores) |
186.05 |
59.37 |
-6.42 |
Revenue from Operations of the company increased by 58.33% from Rs. 112.36 Crore in FY 2019 to Rs. 177.89 Crore in FY 2020.
