| Periods | 1 Week | 1 Month | 3 Months | 6 Months | 1 Year | 3 Years | All Time |
|---|---|---|---|---|---|---|---|
| Primex-40 | |||||||
| Premium Merchants Limited |
|
Particulars |
2023 |
2022 |
|
ASSETS |
||
|
Financial Assets |
||
|
Cash and cash equivalents |
246.60 |
292.93 |
|
Other bank balances |
16,227.73 |
17,998.25 |
|
Trade receivables |
0.60 |
|
|
Investments |
1,175,862.15 |
969,386.70 |
|
Other financial assets |
404.29 |
435.36 |
|
Total |
1,192,740.77 |
988,113.84 |
|
Non-Financial Assets |
||
|
Current tax assets(Net) |
1,209.64 |
1,223.49 |
|
Property, plant and equipment and intangible Assets |
||
|
Property, plant and equipment |
18,351.27 |
18,409.50 |
|
|
19,560.91 |
19,632.99 |
|
Total Assets |
1,212,301.68 |
1,007,746.83 |
|
LIABILITIES AND EQUITY |
||
|
Financial Liabilities |
||
|
Subordinated Liabilities |
6,000.00 |
10,000.00 |
|
Other financial liabilities |
205.95 |
204.05 |
|
Total |
6,205.95 |
10,204.05 |
|
Non-Financial Liabilities |
||
|
Current tax liabilities(Net) |
||
|
Provisions |
7.63 |
7.63 |
|
Deferred tax liability |
251,398.71 |
208,628.68 |
|
Other non financial liabilities |
27.84 |
24.93 |
|
Total |
251,434.18 |
208,661.24 |
|
Total Liabilities |
257,640.13 |
218,865.29 |
|
Equity |
||
|
Equity share capital |
9,980.00 |
9,980.00 |
|
Other equity |
944,681.55 |
778,901.54 |
|
Total Equity |
954,661.55 |
788,881.54 |
|
Total Liabilities and Equity |
1,212,301.68 |
1,007,746.00 |
|
Particulars |
2023 |
2022 |
|
Revenue from Operations |
||
|
Dividend Income |
1,754.09 |
1,457.81 |
|
Interest Income |
810.26 |
852.21 |
|
Sale of Services |
5.50 |
|
|
Net gain on fair value changes |
258.63 |
|
|
Total Revenue from Operations |
2,564.35 |
4,574.15 |
|
Other Income |
675.00 |
675.00 |
|
Total Income |
3,239.35 |
5,249.15 |
|
Expenses |
||
|
Net loss on fair value changes |
6,599.89 |
|
|
Employee benefit expenses |
7.00 |
169.52 |
|
Depreciation |
58.23 |
58.23 |
|
Other expenses |
410.91 |
429.06 |
|
Total Expenses |
7,076.03 |
656.81 |
|
Profit Before Tax |
(3,836.68) |
4,592.34 |
|
Tax Expenses |
||
|
Current tax |
673.60 |
1,061.16 |
|
Current tax- earlier years |
15.01 |
26.00 |
|
Deferred tax |
(1,788.72) |
(859.25) |
|
Total Tax Expenses |
1,100.11 |
227.91 |
|
Profit for the period |
2,736.57 |
4,364.43 |
|
Items that will not be reclassified to profit or loss |
||
|
Equity Instruments through Other Comprehensive Income |
213,075.33 |
202,190.06 |
|
Tax relating to items that will not be reclassified to profit and loss |
(44,558.75) |
(46,558.61) |
|
Total other Comprehensive Income |
168,516.58 |
155,631.45 |
|
Total Comprehensive Income for the year |
165,780.01 |
159,995.88 |
|
Earnings per equity share-Basics/Diluted |
(2.74) |
4.37 |
|
(Face value of share Rs10 each) |
|
Particulars |
2023 |
2022 |
|
A. Cash Flow from Operating Activities |
||
|
Net profit/(loss) before tax |
(3,868.68) |
4,592.34 |
|
Adjustments for : |
||
|
(Gain)/Loss on fair value changes |
6,599.89 |
(258.63) |
|
Depreciation |
58.23 |
58.23 |
|
Operating Profit Before Working Capital Changes |
2,821.44 |
4,391.95 |
|
Working Capital Changes: |
||
|
Decrease/(Increase) in other Bank Balances |
1,770.52 |
(3,193.22) |
|
Decrease/(Increase) in Trade Receivables |
0.60 |
10.09 |
|
Decrease/(Increase) in Investments |
(0.02) |
|
|
Increase/(Decrease) in other Financial Assets |
31.07 |
(57.58) |
|
Increase/(Decrease) in other Subordinated Liabilities |
(4,000.00) |
|
|
Increase/(Decrease) in other Financial Liabilities |
1.90 |
4.80 |
|
Increase/(Decrease) in other Non-Financial Liabilities |
2.91 |
1.74 |
|
Cash used/(generated) from Operations |
628.44 |
1,157.77 |
|
Income Tax Refund/(Paid) |
(674.77) |
(1,076.93) |
|
Net cash flow from Operating Activities(A) |
(46.33) |
80.84 |
|
B. Cash Flow from Investing Activities |
||
|
C. Cash Flow from Financing Activities |
||
|
Net Increase/(Decrease) in cash and cash equivalents(A+B+C) |
(46.33) |
80.84 |
|
Cash and cash equivalents at the beginning of the year |
292.93 |
212.09 |
|
Cash and cash equivalents at the end of the year |
246.60 |
292.93 |
|
Components of cash and cash equivalents: |
||
|
Cash and cheques on hand |
||
|
With banks-in current account |
246.60 |
292.93 |
|
|
246.60 |
292.93 |
The cash flow statement for the year 2023 provides insights into the financial activities of the company, categorized into operating, investing, and financing activities.
A. Cash Flow from Operating Activities:
- Net Profit/(Loss) Before Tax: The company reported a net loss before tax of (3,868.68) lakhs in 2023, compared to a profit of 4,592.34 lakhs in 2022.
- Adjustments:
- (Gain)/Loss on Fair Value Changes: A substantial gain on fair value changes was recorded at 6,599.89 lakhs, while in the previous year, there was a loss of (258.63) lakhs.
- Depreciation: Depreciation remained consistent at 58.23 lakhs in both 2023 and 2022.
- Operating Profit Before Working Capital Changes: The operating profit before working capital changes was 2,821.44 lakhs in 2023, down from 4,391.95 lakhs in the previous year.
- Working Capital Changes:
- Changes in other bank balances, trade receivables, investments, other financial assets, subordinated liabilities, financial liabilities, and non-financial liabilities contributed to a net cash flow from operations of 628.44 lakhs in 2023, compared to 1,157.77 lakhs in 2022.
- Income Tax Refund/(Paid): The company received an income tax refund of 674.77 lakhs in 2023, as opposed to paying 1,076.93 lakhs in the previous year.
- Net Cash Flow from Operating Activities (A): The overall net cash flow from operating activities was (46.33) lakhs in 2023, down from 80.84 lakhs in 2022.
B. Cash Flow from Investing Activities:
- No specific data provided for investing activities.
C. Cash Flow from Financing Activities:
- No specific data provided for financing activities.
Overall Cash Flow:
- Net Increase/(Decrease) in Cash and Cash Equivalents (A+B+C): The net decrease in cash and cash equivalents was (46.33) lakhs in 2023, compared to an increase of 80.84 lakhs in 2022.
- Cash and Cash Equivalents at the Beginning/End of the Year: The company started the year with cash and cash equivalents of 292.93 lakhs, which decreased to 246.60 lakhs by the end of 2023.
- Components of Cash and Cash Equivalents: Cash and cheques on hand and with banks in the current account amounted to 246.60 lakhs at the end of 2023.
