Daily Gong Financial Services Annual Reports, Balance Sheet and Financials

Daily Gong Financial Services Limited Standalone Balance Sheet (Rs in Hundreds)

Daily Gong Financial Services Limited Standalone Profit & Loss Statement (Rs in Hundreds)

Daily Gong Financial Services Limited Standalone Cash Flow Statement (Rs in Hundreds)

Summary of the Cash Flow Statement for the years 2025 and 2024:

Cash Flow from Operating Activities

The company generated a Net Profit Before Tax of ₹1,13,077 during the year ended 31 March 2025, higher than the previous year’s ₹83,355. To convert this accounting profit into actual cash flow, several non-cash adjustments were applied. These include depreciation of ₹17,898, interest expenses of ₹16,556, and a small loss on sale of fixed assets. After these adjustments, the Operating Profit Before Working Capital changes stood at ₹1,47,230, compared with ₹1,14,436 in the previous year.

However, the major impact on cash flow came from changes in working capital. During the year, the company invested heavily in its operating assets, which significantly reduced cash. Notably, Other non-current assets increased by ₹29,66,561, representing a large outflow of operating cash. Trade receivables also increased by ₹3,07,491, and short-term loans and advances decreased by ₹2,93,146, both further reducing cash. Other current assets decreased by ₹2,82,040, showing additional liquidity absorption. On the liabilities side, the company experienced a strong increase in Other Current Liabilities amounting to ₹21,04,956, which provided some cash inflow, and a moderate increase in trade payables.

Overall, after all working capital adjustments, the company generated negative operating cash flow of ₹13,02,358 compared to a positive inflow of ₹20,45,148 in the previous year. After paying ₹25,331 towards taxes, the Net Cash from Operating Activities resulted in a significant outflow of ₹13,27,690, indicating that the company’s operational expansion demanded heavy funds during the year.

Cash Flow from Investing Activities

Investing activities reflect the company’s movement in long-term assets. The company spent ₹12,006 on the purchase of fixed assets and invested ₹61,658 in non-current investments. It also received ₹316 from the sale of fixed assets. The most significant inflow arose from the effect of a composite scheme of arrangement, bringing in ₹4,48,976. As a result, investing activities provided a net cash inflow of ₹3,75,628, contrasting with the previous year’s outflow of ₹35,446. This indicates that the company realized substantial gains or asset transfers related to corporate restructuring.

Cash Flow from Financing Activities

The financing activities reflect how the company managed its external funding. During the year, the company paid ₹16,556 as interest and recorded a significant reduction in equity share capital amounting to ₹5,00,000, both reducing cash. However, it also raised ₹8,03,644 through fresh share allotment, which served as a major cash inflow. Long-term borrowings increased slightly by ₹31,776, compared to a large repayment in the previous year. Overall, financing activities provided a net inflow of ₹3,18,864, whereas last year they resulted in a net outflow of ₹2,87,739.

Net Change in Cash & Cash Equivalents

When combining operating, investing, and financing activities:

Operating Activities: Outflow of ₹13,27,690

Investing Activities: Inflow of ₹3,75,628

Financing Activities: Inflow of ₹3,18,864

The overall effect was a net decrease in cash and cash equivalents of ₹6,33,199, compared to a substantial increase of ₹17,21,964 in the previous year. Cash and cash equivalents declined from ₹89,45,529 at the beginning of the year to ₹83,12,220 at the end of the year.