Abans Investment Managers Annual Reports, Balance Sheet and Financials

Abans Investment Managers Limited Standalone Balance Sheet (Rs in Lakhs)

Particulars	31-03-2024	31-03-2023
Non-Current Assets
Deferred tax assets	6.84	-
Current Assets
Current Investments	48.78	-
Trade Receivables	98.01	-
Cash & cash equivalents	210.76	66.36
Loans	-	0.07
Other financial assets	49.18	-
Other Current assets	21.99	616.40
Total Assets	435.56	682.83
Equity
Equity Share capital	1	1
Other Equity	164.82	9.94
Non-Current Liabilities
Provisions	24.59	-
Current Liabilities
Trade Payables	2.75	-
Other Current liabilities	155.58	668.04
Provisions	27.88	-
Current tax liabilities	58.94	3.85
Total Equity and Liabilities	435.56	682.83

Abans Investment Managers Limited Standalone Profit & Loss Statement (Rs in Lakhs)

Particulars	31-03-2024	31-03-2023
Income
Revenue from operations	632.43	14.98
Other Income	2.14	-
Total Income	634.57	14.98
Expenses
Employee benefit expenses	223.07	-
Other expenses	204.50	1.19
Total Expenses	427.57	1.19
Profit Before tax	207	13.79
Current tax	58.96	3.85
Deferred tax	-6.84	-
Total Profit for the year	154.88	9.94
Earnings per share
Basic	1,548.80	9.94
Diluted	1,548.80	9.94

Abans Investment Managers Limited Standalone Cash Flow Statement (Rs in Lakhs)

Particulars	31-03-2024	31-03-2023
Cash Flow from Operating Activities
Profit before tax	207	13.79
Adjustments for:
Decrease/(Increase) in Trade receivables	-98.01	-
Decrease/(Increase) in Other current assets	545.30	-616.47
Increase/(decrease) in Trade payables	2.75	-
Increase/(decrease) in Other current liabilities	-459.98	668.04
Total adjustments for reconcile profit/loss	-9.94	51.57
Cash flow from (used in) Operating Activities	197.06	65.36
Income taxes paid	3.88	-
Net Cash flows from Operating Activities	193.18	65.36
Cash Flow from Investing Activities
Other Inflow/Outflow of cash	-48.78	-
Net Cash Flows from Investing Activities	-47.78	-
Net Increase/Decrease in cash & cash equivalents before effect of exchange rate changes	144.40	66.36
Net Increase/(decrease) in cash & cash equivalents (beginning of the year)	144.40	66.36
Cash & Cash equivalents cash flow statement at the end of the year	210.76	66.36

Summary of the Cash Flow Statement for the years 2024 and 2023:

Cash Flow from Operating Activities

In the year ended March 31, 2024, the company recorded a profit before tax of ₹207 lakh compared to only ₹13.79 lakh in the previous year, reflecting a significant improvement in operating performance. However, operating cash flow was also influenced by changes in working capital. Trade receivables increased by ₹98.01 lakh, which tied up cash as more funds were outstanding from customers. Other current assets decreased substantially by ₹545.30 lakh, thereby releasing cash back into the business, whereas in the prior year these assets had increased by ₹616.47 lakh and absorbed cash. Trade payables rose by ₹2.75 lakh, contributing a small cash inflow, but this was offset by a fall in other current liabilities of ₹459.98 lakh, which led to a cash outflow. After adjusting for these movements, total reconciliations amounted to a negative ₹9.94 lakh in 2024 as compared to a positive ₹51.57 lakh in 2023. Consequently, cash flow generated from operating activities stood at ₹197.06 lakh in 2024 against ₹65.36 lakh in 2023. After paying income taxes of ₹3.88 lakh, the net cash flow from operations was ₹193.18 lakh, showing a strong improvement from the prior year’s ₹65.36 lakh.

Cash Flow from Investing Activities

The investing activities primarily show a net outflow of ₹47.78 lakh in 2024 compared with nil activity in the previous year. This indicates that the company deployed funds either in the purchase of assets or other investment avenues, reflecting its efforts to expand capacity or allocate funds for long-term growth.

Net Cash Position

Overall, the company recorded a net increase in cash and cash equivalents of ₹144.40 lakh in 2024 compared to ₹66.36 lakh in the previous year. Cash and cash equivalents at the end of the year stood at ₹210.76 lakh compared with ₹66.36 lakh in 2023.

Financial Ratios of Abans Investment Managers Limited

Particulars	31-03-2024	31-03-2023
Current ratio	1.75	1.02
Return on equity ratio	175.24%	181.72%
Net capital turnover ratio	6.52	2.74
Net profit ratio	0.24	0.66
Return on capital employed	124.83%	126.05%
Return on investments	485.28%	100%

Summary of the financial ratios of Abans Investment Managers Limited for the year 2024 & 2023:

Current Ratio

The current ratio improved to 1.75 in March 2024 from 1.02 in the previous year. This indicates that the company has strengthened its liquidity position, as it now holds ₹1.75 of current assets for every rupee of current liabilities, compared to just marginal coverage in 2023.

Return on Equity Ratio

Return on equity stood at 175.24 percent in 2024, slightly lower than 181.72 percent in 2023 but still at an exceptionally high level. This shows that the company continues to generate substantial returns for its shareholders relative to the equity invested.

Net Capital Turnover Ratio

The net capital turnover ratio increased significantly to 6.52 in 2024 from 2.74 in 2023. This sharp rise highlights that the company is now generating much higher revenue per unit of net working capital deployed.

Net Profit Ratio

The net profit ratio dropped to 0.24 percent in 2024 from 0.66 percent in the previous year. This decline suggests that despite higher revenues, profitability margins have narrowed, possibly due to increased costs, pricing pressures, or changes in product mix.

Return on Capital Employed

Return on capital employed was 124.83 percent in 2024 compared with 126.05 percent in 2023, showing a marginal decline but still reflecting very strong efficiency in the use of both equity and debt capital.

Return on Investments

The return on investments jumped sharply to 485.28 percent in 2024 from 100 percent in 2023. This substantial increase indicates that the funds invested in various avenues, possibly including financial assets or business projects, yielded exceptional gains in the current year.