| Periods | 1 Week | 1 Month | 3 Months | 6 Months | 1 Year | 3 Years | All Time |
|---|---|---|---|---|---|---|---|
| Primex-40 | |||||||
| Nidhi Services Limited |
|
Particulars |
2023 |
2022 |
|
ASSETS |
||
|
Non Current Assets |
||
|
Property, Plant and Equipment |
3,300,443.00 |
3,300,443.00 |
|
Other Financial assets |
46,836,977.00 |
42,436,094.00 |
|
Current Assets |
||
|
Other Current Assets |
548,890.00 |
716,569.00 |
|
Cash and Cash equivalents |
1,343,811.00 |
1,759,690.00 |
|
Total Assets |
52,030,121.00 |
48,212,797.00 |
|
EQUITY & LIABILITIES |
||
|
Equity |
||
|
Equity share capital |
15,000,000.00 |
15,000,000.00 |
|
Reserve Fund |
3,110.00 |
3,110.00 |
|
Other Equity |
35,619,254.00 |
31,623,667.00 |
|
Non Current Liabilities |
||
|
Financial Liabilities |
||
|
Other Financial Liabilities |
891,242.00 |
891,242.00 |
|
Current Liabilities |
||
|
Financial Liabilities |
||
|
Other Current Liabilities |
516,515.00 |
694,778.00 |
|
Total Equity & Liabilities |
52,030,121.00 |
48,212,797.00 |
|
Particulars |
2023 |
2022 |
|
Revenue from Operations |
||
|
Other Income |
4,875,391.00 |
6,148,476.00 |
|
Total Income |
4,875,391.00 |
6,148,476.00 |
|
Expenses |
||
|
Finance costs |
100.00 |
|
|
Other Expenses |
1,268,356.00 |
1,157,124.00 |
|
Total Expenses |
1,268,356.00 |
1,157,224.00 |
|
Profit before exceptional item and tax |
3,607,035.00 |
4,997,252.00 |
|
Profit before Tax |
3,607,035.00 |
4,991,252.00 |
|
Tax expense |
||
|
Current Tax |
429,728.00 |
574,186.00 |
|
Excess Tax Provision For Earlier Years |
8,692.00 |
|
|
Profit(Loss) for the Period |
3,368,615.00 |
4,417,066.00 |
|
Other Comprehensive Income |
||
|
(i) Items that will be reclassified to profit or loss |
826,971.91 |
(1,605,018.00) |
|
Total Comprehensive Income for the period |
826,972.00 |
(1,605,018.00) |
|
Earning per Equity Share |
||
|
Basics |
2.11 |
2.94 |
|
Diluted |
2.11 |
2.94 |
|
Particulars |
2023 |
2022 |
|
Cash Flows from Operating Activities |
||
|
Net Profit before tax |
4,434,007.00 |
3,386,234.00 |
|
Adjustments For: |
||
|
Financial Expenses |
100.00 |
|
|
Rental Income |
3,812,475.00 |
(2,635,500.00) |
|
Interest Income on Bonds |
(360,528.00) |
(360,528.00) |
|
Dividend Received |
||
|
Profit on sale of investments |
(693,181.00) |
(3,095,803.00) |
|
Operating Profit before working capital Changes |
7,192,773.00 |
(2,705,497.00) |
|
Adjutments for: |
||
|
Current Liabilities |
(178,263.00) |
560,025.00 |
|
Loan & Advances, Other Assets |
167,679.00 |
(552,492.00) |
|
Cash generated from Operations |
7,182,189.00 |
(2,697,964.00) |
|
Income taxes paid |
438,420.00 |
574,186.00 |
|
Net cash from operating activities |
6,743,769.00 |
(3,272,150.00) |
|
Cash flows from Investing activities |
||
|
Net increase in investment in matual funds |
(4,400,883.00) |
(3,086,665.00) |
|
Rent received |
(3,812,475.00) |
2,635,500.00 |
|
Net increase in securities received from tenants |
234,355.00 |
|
|
Interest Received |
360,528.00 |
360,528.00 |
|
Profit on sale of investments |
693,181.00 |
3,095,803.00 |
|
Net cash from investing activities |
(7,159,649.00) |
3,239,521.00 |
|
Cash flows from financing activities |
||
|
Issue of share capital |
||
|
Financial Expenses |
(100.00) |
|
|
Net cash used in financing activities |
(100.00) |
|
|
Net Increase in cash and cash equivalents |
(415,879.00) |
(32,729.00) |
|
Cash and cash equivalents at beginning of period |
1,759,690.00 |
1,792,419.00 |
|
Cash and cash equivalents at end of period |
1,343,811.00 |
1,759,690.00 |
Cash Flows from Operating Activities:
- In 2023, the Net Profit before tax showed a substantial increase, rising to ₹44,34,007.00 from ₹33,86,234.00 in 2022.
- Notable adjustments included Financial Expenses amounting to ₹100.00.
- Rental Income experienced a significant positive shift, increasing from a deficit of ₹(26,35,500.00) in 2022 to ₹38,12,475.00 in 2023.
- Interest Income on Bonds remained consistent at ₹(3,60,528.00) in both years.
- The Profit on the sale of investments improved, reaching ₹(6,93,181.00) in 2023, compared to a larger deficit of ₹(30,95,803.00) in 2022.
- Operating Profit before working capital changes showcased a remarkable turnaround, reaching ₹71,92,773.00 in 2023 from a deficit of ₹(27,05,497.00) in 2022.
- Adjustments for Current Liabilities and Loan & Advances, Other Assets contributed positively.
Cash Flows from Investing Activities:
- The company witnessed a significant net outflow in 2023, with a total of ₹(71,59,649.00), driven by a substantial increase in the investment in mutual funds and a reduction in rent received.
- Notably, Rent received dropped from ₹26,35,500.00 in 2022 to a deficit of ₹(38,12,475.00) in 2023.
- The Profit on sale of investments improved, contributing positively to cash flows with ₹6,93,181.00 in 2023, compared to ₹30,95,803.00 in 2022.
- Other factors like the Net increase in securities received from tenants and Interest Received also played a role in shaping the investing activities.
Cash Flows from Financing Activities:
- There was minimal activity in financing, with no significant issuance of share capital and only a minor financial expense of ₹(100.00).
- The net cash used in financing activities amounted to ₹(100.00).
