| Periods | 1 Week | 1 Month | 3 Months | 6 Months | 1 Year | 3 Years | All Time |
|---|---|---|---|---|---|---|---|
| Primex-40 | |||||||
| Airtel Payments Bank Limited |
|
Particulars |
31-03-2024 |
31-03-2023 |
|
Capital and Liabilities |
|
|
|
Capital |
2,41,31,581 |
2,37,42,715 |
|
Reserves & Surplus |
-1,90,93,790 |
-1,97,94,293 |
|
Employee Stock Options Outstanding |
1,86,001 |
1,14,036 |
|
Deposits |
2,63,05,360 |
1,67,89,458 |
|
Borrowings |
- |
8,49,820 |
|
Other Liabilities and Provisions |
1,54,46,854 |
85,62,800 |
|
Total Capital and Liabilities |
4,69,76,006 |
3,02,64,536 |
|
Assets |
|
|
|
Cash & Balances with Reserve Bank of India |
71,26,663 |
17,00,480 |
|
Balances with Banks and Money at Call & Short Notice |
35,28,025 |
58,29,279 |
|
Investments |
2,62,37,629 |
1,63,12,710 |
|
Fixed Assets |
62,45,136 |
31,59,287 |
|
Other Assets |
38,38,553 |
32,62,780 |
|
Total Assets |
4,69,76,006 |
3,02,64,536 |
Airtel Payments Bank Limited Profit & Loss Statement (Rs in Thousands)
|
Particulars |
31-03-2024 |
31-03-2023 |
|
Income |
|
|
|
Interest Earned |
16,51,081 |
9,61,342 |
|
Other Income |
1,67,06,886 |
1,19,49,457 |
|
Total |
1,83,57,967 |
1,29,10,799 |
|
Expenditure |
|
|
|
Interest Expended |
4,39,091 |
3,19,372 |
|
Operating Expenses |
1,74,48,131 |
1,23,12,574 |
|
Provisions and Contingencies |
1,25,666 |
62,463 |
|
Total |
1,80,12,888 |
1,26,94,409 |
|
Profit/(Loss) |
|
|
|
Net Profit for the year |
3,45,079 |
2,16,390 |
|
Loss Brought Forward |
-1,98,91,171 |
-2,00,53,463 |
|
Total |
-1,95,46,092 |
-1,98,37,073 |
|
Appropriations |
|
|
|
Transfer to : |
|
|
|
Statutory Reserves |
86,270 |
54,098 |
|
Balance Carried over to Balance Sheet |
-1,96,32,362 |
-1,98,91,171 |
|
Total |
-1,95,46,092 |
-1,98,37,073 |
|
Earning Per Share (Face value of Rs 10/-) |
|
|
|
Basic (In Rs.) |
0.14 |
0.09 |
|
Diluted (In Rs.) |
0.14 |
0.09 |
|
Particulars |
31-03-2024 |
31-03-2023 |
|
Cash flow from Operating Activities: |
|
|
|
Profit before tax |
3,45,079 |
2,16,390 |
|
Adjustments for: |
|
|
|
Depreciation and Amortisation Expense |
14,73,549 |
5,70,679 |
|
Amortisation of Premium on Held To Maturity (HTM) Investments |
- |
51 |
|
Employees Stock Option Expenses |
71,966 |
48,771 |
|
Other Provisions & Write off |
94,001 |
24,194 |
|
Loss/(Profit) on Sale of Fixed Assets (net) |
120 |
-19 |
|
Operating cash flow/(used) before changes in assets and liabilities |
19,84,715 |
8,60,066 |
|
Adjustments for changes in Assets and Liabilities : |
|
|
|
Increase/(Decrease) in Deposits |
95,15,902 |
68,65,474 |
|
Increase/(Decrease) in Other Liabilities |
53,07,224 |
12,86,728 |
|
(Increase)/Decrease in Investments (other than HTM securities) |
-99,24,920 |
-54,98,781 |
|
(Increase)/Decrease Increase in Other Assets |
-6,88,501 |
4,32,715 |
|
Cash generated/(used) from operations |
61,94,420 |
39,46,202 |
|
Taxes Refund/(Paid) (including tax deducted at source) |
63,174 |
-26,502 |
|
Net cash flow from/(used) in Operating Activities |
62,57,594 |
39,19,700 |
|
Cash flow from Investing Activities: |
|
|
|
Purchase of Fixed Assets |
-30,27,803 |
-24,36,376 |
|
Proceeds from Sale of Fixed Assets |
667 |
616 |
|
Net (Purchase)/Proceeds of Investments (HTM securities) |
- |
10,537 |
|
Net cash flow from/(used) in Investing Activities |
-30,27,136 |
-24,25,223 |
|
Cash flow from Financing Activities: |
|
|
|
Proceeds from issuance of Equity Shares |
7,44,290 |
2,59,244 |
|
Net Proceeds/(Repayment) from Borrowings |
-8,49,820 |
2,74,874 |
|
Net cash flow from/(used) financing activities |
-1,05,530 |
5,34,118 |
|
Net Increase/(Decrease) in cash and cash equivalents |
31,24,929 |
20,28,595 |
|
Add : Balance as at the beginning of the year |
75,29,759 |
55,01,164 |
|
Balance as at the end of the year |
1,06,54,688 |
75,29,759 |
Here is a summary of the Cash Flow Statement for the years 2024 and 2023:
Cash Flow from Operating Activities:
In 2023-24, the company generated a significant net cash inflow of ₹62,57,594 thousand from its operating activities, compared to ₹39,19,700 thousand in 2022-23. This increase was driven primarily by a higher profit before tax of ₹3,45,079 thousand in 2024, compared to ₹2,16,390 thousand in the previous year. Additionally, depreciation and amortization expenses increased sharply to ₹14,73,549 thousand from ₹5,70,679 thousand, reflecting increased asset base or amortization schedules.
Other adjustments, such as employee stock option expenses (₹71,966 thousand in 2024) and provisions and write-offs (₹94,001 thousand), contributed to cash generation, though profits/losses from fixed assets had a negligible impact.
Cash Flow from Investing Activities:
Investing activities resulted in a significant cash outflow of ₹30,27,136 thousand in 2023-24, slightly higher than the outflow of ₹24,25,223 thousand in 2022-23. The primary reason for the outflow was the purchase of fixed assets, which amounted to ₹30,27,803 thousand in 2024, indicating substantial capital investment. This was marginally higher than the ₹24,36,376 thousand spent in 2023. Proceeds from the sale of fixed assets were minimal, at just ₹667 thousand, highlighting that the company did not dispose of many assets.
Cash Flow from Financing Activities:
Financing activities showed a small net cash outflow of ₹1,05,530 thousand in 2023-24, a reversal from the net inflow of ₹5,34,118 thousand in 2022-23. The key factors were:
Proceeds from the issuance of equity shares increased to ₹7,44,290 thousand in 2024, compared to ₹2,59,244 thousand in 2023, indicating successful fundraising through equity.
However, this was offset by net repayment of borrowings amounting to ₹8,49,820 thousand in 2024, whereas borrowings had a net inflow of ₹2,74,874 thousand in the previous year, suggesting the company reduced its debt significantly.
Net Increase/Decrease in Cash and Cash Equivalents:
The company’s overall cash position improved significantly in 2023-24. Despite large outflows from investing and financing, strong operating cash flow led to a net increase in cash and cash equivalents of ₹31,24,929 thousand, compared to ₹20,28,595 thousand in 2022-23. This strong performance in cash generation allowed the company to end the year with a healthy cash balance of ₹1,06,54,688 thousand, up from ₹75,29,759 thousand at the beginning of the year.
