| Periods | 1 Week | 1 Month | 3 Months | 6 Months | 1 Year | 3 Years | All Time |
|---|---|---|---|---|---|---|---|
| Primex-40 | |||||||
| National Securities Depository Limited |
|
PARTICULAR |
31st March, 2023 |
31st March, 2022 |
31st March, 2021 |
|
ASSETS |
|||
|
Non-Current Assets |
|||
|
Property, plant and equipment |
3,381.67 |
3,278.81 |
3,289.13 |
|
Capital work-in-progress |
24.38 |
- |
- |
|
Intangible assets |
1,880.87 |
1,794.92 |
2,503.50 |
|
Intangible asset under development |
485.64 |
330.48 |
1,687.15 |
|
Right of use of assets |
1,567.69 |
253.76 |
857.12 |
|
Financial assets |
|||
|
Non-current investments |
1,11,901.06 |
62,985.50 |
56,600.81 |
|
Other financial assets |
3,895.67 |
19,093.62 |
14,472.62 |
|
Deferred tax assets (net) |
830.02 |
671.59 |
484.40 |
|
Income tax assets (net) |
710.93 |
715.81 |
642.36 |
|
Other non-current assets |
1,120.37 |
115.08 |
151.95 |
|
Total Non-Current Assets |
1,25,798.30 |
89,239.57 |
80,689.04 |
|
Current Assets |
|||
|
Financial assets |
|||
|
Current investments |
33,770.51 |
29,978.44 |
16,239.87 |
|
Trade receivables |
8,562.76 |
10,224.02 |
10,879.71 |
|
Cash and cash equivalents |
18,569.72 |
14,445.97 |
8,112.56 |
|
Bank balances |
19,629.15 |
22,438.63 |
30,277.57 |
|
Other financial assets |
709.82 |
530.01 |
861.91 |
|
Other current assets |
2,307.22 |
2,418.08 |
2,814.08 |
|
Total Current Assets |
83,549.18 |
80,035.15 |
69,185.70 |
|
Total Assets |
2,09,347.48 |
1,69,274.72 |
1,49,874.74 |
|
EQUITY AND LIABILITIES |
|||
|
Equity share capital |
4,000.00 |
4,000.00 |
4,000.00 |
|
Other equity |
1,38,886.18 |
1,17,161.96 |
97,929.53 |
|
Total Equity |
1,42,886.18 |
1,21,161.96 |
1,01,929.53 |
|
Liabilities |
|||
|
Non-Current Liabilities |
|||
|
Financial liabilities |
|||
|
Lease liability |
1,353.19 |
136.63 |
582.45 |
|
Other financial liabilities |
485.32 |
419.40 |
363.16 |
|
Deferred tax liability (Net) |
1.21 |
21.95 |
43.85 |
|
Other non-current liabilities |
583.67 |
442.43 |
79.17 |
|
Provisions |
64.32 |
168.76 |
116.82 |
|
Total Non-Current Liabilities |
2,487.71 |
1,189.17 |
1,185.45 |
|
Current Liabilities |
|||
|
Financial liabilities |
|||
|
Trade payables |
- |
- |
- |
|
Total outstanding dues of micro enterprises and small enterprises |
557.87 |
244.05 |
303.02 |
|
Total outstanding dues of creditors other than micro enterprises and small enterprises |
5,560.63 |
2,280.93 |
3,118.32 |
|
Lease liability |
328.49 |
155.87 |
348.53 |
|
Other financial liabilities |
47,022.42 |
33,211.69 |
30,647.92 |
|
Provisions |
2,803.81 |
2,912.21 |
3,053.88 |
|
Current tax liability (net) |
810.60 |
1,306.49 |
2,206.26 |
|
Other current liabilities |
6,889.77 |
6,812.35 |
7,081.83 |
|
Total Current Liabilities |
63,973.59 |
46,923.59 |
46,759.76 |
|
Total Liabilities |
66,461.30 |
48,112.76 |
47,945.21 |
|
Total Equity and Liabilities |
2,09,347.48 |
1,69,274.72 |
1,49,874.74 |
|
PARTICULAR |
31st March, 2023 |
31st March, 2022 |
31st March, 2021 |
|
INCOME |
|||
|
Revenue from operations |
1,02,198.76 |
76,110.92 |
46,575.20 |
|
Other income |
7,782.71 |
6,018.34 |
5,855.47 |
|
Total Income |
1,09,981.47 |
82,129.26 |
52,430.67 |
|
EXPENSES |
|||
|
Employee benefits expense |
10,980.74 |
10,378.72 |
8,806.13 |
|
Depreciation and amortisation expense |
2,168.93 |
1,893.20 |
1,701.81 |
|
Finance cost |
151.94 |
217.71 |
86.38 |
|
Contribution to investor protection fund |
988.55 |
895.53 |
883.55 |
|
Other Expenses |
64,703.38 |
40,783.52 |
16,294.65 |
|
Total Expenses |
78,993.54 |
54,168.68 |
27,772.52 |
|
Share of Loss of Associate |
-483.70 |
-140.65 |
|
|
Profit before Tax |
30,504.23 |
27,960.58 |
24,658.15 |
|
Tax Expense |
|||
|
Current tax |
7,202.43 |
6,769.62 |
6,009.34 |
|
Deferred tax |
-179.18 |
-209.08 |
-207.64 |
|
Total Tax Expenses |
7,023.25 |
6,560.54 |
5,801.70 |
|
Profit after tax |
23,480.98 |
21,259.39 |
18,856.45 |
|
Other Comprehensive Income |
|||
|
Items that will not be reclassified to profit or loss: |
|||
|
Actuarial gain/(loss) on postretirement benefit plans |
73.48 |
-101.50 |
-0.24 |
|
Income tax relating to items that will not be reclassified to profit or loss |
-17.65 |
24.33 |
-0.92 |
|
Items that will be reclassified to profit or loss: |
|||
|
Share of Profit of Associate |
174.44 |
50.21 |
- |
|
Total Other Comprehensive Income |
230.27 |
-26.96 |
-1.16 |
|
Total Comprehensive Income for the year |
23,711.25 |
21,232.43 |
18,855.29 |
|
Basic and Diluted earnings per equity share of 10 each |
11.74 |
10.63 |
5.09 |
|
PARTICULAR |
31st March, 2023 |
31st March, 2022 |
31st March, 2021 |
|
A. Cash Flow from Operating Activities |
|||
|
Profit before tax |
30,504.23 |
27,819.93 |
24,658.15 |
|
Adjustments for: |
|||
|
Depreciation and amortisation expense |
2,168.93 |
1,893.20 |
1,701.81 |
|
Provision for compensated absences |
-87.67 |
72.36 |
284.68 |
|
Provision for investor awareness |
640.26 |
560.43 |
514.97 |
|
Provision for doubtful trade receivables |
704.72 |
624.86 |
587.74 |
|
Bad debts written off |
99.59 |
303.21 |
3.20 |
|
Provision for doubtful rent deposit |
95.55 |
- |
- |
|
Contribution to investor protection fund |
988.55 |
895.53 |
883.55 |
|
Fair value gain on investments in mutual funds |
-651.98 |
-788.86 |
-1,416.00 |
|
Dividend income from current investments |
-69.79 |
-44.52 |
-44.44 |
|
Loss / (Profit) on sale of property, plant and equipment |
60.85 |
1,687.35 |
67.33 |
|
Profit on sale of investments |
-20.57 |
-16.71 |
-155.73 |
|
Interest income |
-6,566.93 |
-4,750.97 |
-3,844.41 |
|
Operating Profit before Working Capital Changes |
27,865.74 |
28,255.81 |
23,240.85 |
|
Changes in Working Capital: |
|||
|
(Increase) / decrease other assets |
96.90 |
385.01 |
-1,282.60 |
|
(Increase) / decrease other financial assets |
14,901.69 |
-4,337.09 |
-13,784.68 |
|
(Increase) / decrease trade receivables |
856.95 |
-272.38 |
-3,342.63 |
|
Increase / (decrease) trade payables |
3,593.52 |
-896.36 |
749.07 |
|
Increase / (decrease) other financial liabilities |
11,476.02 |
28.79 |
1,531.58 |
|
Increase / (decrease) provisions |
-522.19 |
-749.48 |
-579.23 |
|
Increase / (decrease) other liabilities |
218.66 |
93.78 |
8,715.05 |
|
Cash generated from Operations |
58,487.29 |
22,508.08 |
15,247.41 |
|
Net income tax paid |
-7,693.43 |
-7,742.85 |
-4,893.68 |
|
Net Cash generated from Operating Activities (A) |
50,793.86 |
14,765.23 |
10,353.73 |
|
B. Cash Flow from Investing Activities |
|||
|
Capital expenditure on property, plant and equipment, intangible assets, capital advance |
-4,884.55 |
-921.16 |
-2,336.53 |
|
Proceeds from sale of property, plant and equipment |
0.91 |
30.49 |
1.17 |
|
Bank balances not considered as cash and cash equivalents |
|||
|
Placed |
-2,500.00 |
-8,090.99 |
-17,024.05 |
|
Matured |
8,090.99 |
17,024.05 |
6,900.86 |
|
Purchase of non-current investments |
-60,725.89 |
-17,035.21 |
6,380.13 |
|
Sale / Redemption of non-current investments |
9,346.33 |
6,305.94 |
- |
|
Proceeds / (Purchase) of current investments (Net) |
-585.73 |
-8,543.90 |
-1,194.44 |
|
Interest received |
6,587.83 |
4,798.96 |
3,717.87 |
|
Net Cash used in Investing Activities (B) |
-44,670.11 |
-6,431.82 |
-3,554.99 |
|
C. Cash Flow from Financing Activities |
|||
|
Dividend paid |
-2,000.00 |
-2,000.00 |
-1,600.00 |
|
Net Cash used in Financing Activities (C) |
-2,000.00 |
-2,000.00 |
-1,600.00 |
|
Net increase / (decrease) in Cash and Cash Equivalents (A+B+C) |
4,123.75 |
6,333.41 |
5,198.74 |
|
Cash and Cash Equivalents at the beginning of the year |
14,445.97 |
8,112.56 |
2,913.82 |
|
Cash and Cash Equivalents at the end of the year (Refer Note 10) |
18,569.72 |
14,445.97 |
8,112.56 |
Operating Activities:
In 2023, the company reported a Cash Flow from Operating Activities of Rs.50,793.86 million, a substantial increase from the previous year. The operating profit before working capital changes stood at Rs.27,865.74 million, slightly lower than the prior year. Noteworthy adjustments included a decrease in fair value gain on investments in mutual funds and a reduction in interest income. The changes in working capital showed a mixed picture, with increases in other financial assets and trade payables, partially offset by decreases in trade receivables and other liabilities. Overall, the company generated significant cash from its core operations in 2023.
In 2022, the Cash Flow from Operating Activities amounted to Rs.14,765.23 million. The operating profit before working capital changes was Rs.28,255.81 million, slightly higher than the current year. Changes in working capital included a substantial increase in other financial assets, a decrease in trade receivables, and an increase in trade payables. These factors contributed to the cash generated from operations, despite a decrease in interest income and fair value gain on investments in mutual funds.
In 2021, the Cash Flow from Operating Activities was Rs.10,353.73 million. The operating profit before working capital changes stood at Rs.23,240.85 million. Changes in working capital exhibited a mixed trend, with increases in other financial liabilities and trade payables, offset by decreases in other assets, trade receivables, and provisions. The company faced challenges in its operating cash flow, but prudent management of working capital helped maintain positive cash generation.
Investing Activities:
In 2023, the Cash Flow from Investing Activities was negative at -Rs.44,670.11 million, primarily driven by significant capital expenditures on property, plant, and equipment, along with the purchase of non-current investments. The company also witnessed a substantial decrease in bank balances not considered as cash and cash equivalents. The proceeds from the sale of property, plant, and equipment, as well as the sale/redemption of non-current investments, partially mitigated the negative impact.
In 2022, the Cash Flow from Investing Activities stood at -Rs.6,431.82 million. The capital expenditure on property, plant, and equipment and the purchase of non-current investments were the major contributors to the negative cash flow. However, proceeds from the sale of property, plant, and equipment, along with interest received, provided some relief.
In 2021, the Cash Flow from Investing Activities was negative at -Rs.3,554.99 million. The company reported capital expenditures on property, plant, and equipment, and a significant purchase of non-current investments. The positive factors included proceeds from the sale of property, plant, and equipment, as well as interest received.
Financing Activities:
The Cash Flow from Financing Activities in 2023, 2022, and 2021 was consistent, with a net cash outflow of -Rs.2,000.00 million each year. This outflow was attributed to dividend payments. The company maintained a stable approach to financing activities during these years, with dividends being the primary source of cash outflow.
Overall:
The net increase/decrease in Cash and Cash Equivalents (A+B+C) in 2023 was Rs.4,123.75 million, marking a positive trend compared to the previous years. The ending Cash and Cash Equivalents for 2023 were Rs.18,569.72 million, significantly higher than the beginning balance of Rs.14,445.97 million. This indicates a healthy cash position and effective cash flow management by the company.
|
Particulars |
2023 |
2022 |
2021 |
|
Dividend per Share |
20 |
20 |
20 |
