| Periods | 1 Week | 1 Month | 3 Months | 6 Months | 1 Year | 3 Years | All Time |
|---|---|---|---|---|---|---|---|
| Primex-40 | |||||||
| DSE Estates Limited |
|
Particulars |
31-03-2024 |
31-03-2023 |
|
Shareholders’ Funds |
|
|
|
Share Capital |
30,242 |
30,242 |
|
Reserves and Surplus |
917,299 |
871,597 |
|
Share Allotment Kept in
abeyance |
156 |
156 |
|
Non-Current Liabilities |
||
|
Deferred Tax Liabilities (Net) |
1,453 |
1,972 |
|
Other Long-term Liabilities |
17,633 |
23,182 |
|
Long Term Provisions |
1,288 |
1,018 |
|
Current Liabilities |
||
|
Trade Payables |
||
|
Total outstanding dues of
creditors other than micro enterprises and small enterprises |
58,194 |
20,852 |
|
Other Current Liabilities |
9,012 |
14,444 |
|
Short Term Provisions |
8,800 |
5,630 |
|
Total of Equity and liabilities |
1,044,077 |
969,093 |
|
Non-Current Assets |
||
|
Property, Plant and Equipment |
40,269 |
42,041 |
|
Intangible assets |
241 |
432 |
|
Non-Current Investments |
108,909 |
96,009 |
|
Long-term Loans and Advances |
11,881 |
10,665 |
|
Other Non-Current Assets |
84,367 |
56,709 |
|
Current Assets |
||
|
Current Investments |
3,564 |
10,185 |
|
Trade Receivables |
2,446 |
2,461 |
|
Cash and Bank balances |
581,537 |
584,570 |
|
Short-Term Loans and Advances |
146,047 |
151,406 |
|
Other Current Assets |
64,816 |
14,615 |
|
Total of assets |
1,044,077 |
969,093 |
|
DSE Estates Limited Consolidated Profit and loss (Rs in Thousands) |
||
|
Particulars |
31-03-2024 |
31-03-2023 |
|
Revenue from Operation |
6,843 |
5,868 |
|
Other Income |
77,427 |
42,155 |
|
Total Income from operations |
84,270 |
48,023 |
|
Expenses |
||
|
Employee Benefits Expenses |
7,714 |
6,282 |
|
Finance Costs |
15 |
477 |
|
Depreciation and Amortization
Expenses |
2,925 |
3,351 |
|
Other Expenses |
20,145 |
18,834 |
|
Total Expenses |
30,799 |
28,944 |
|
Profit before Tax |
53,471 |
19,079 |
|
Current tax |
8,250 |
5,163 |
|
Earlier Year |
37 |
246 |
|
Deferred Tax |
-519 |
-296 |
|
Profit / (Loss) for the period |
45,703 |
13,966 |
|
Earnings per Equity Share: |
||
|
Basic |
1.51 |
0.46 |
|
Diluted |
1.50 |
0.46 |
DSE Estates Limited Consolidated Cash Flow Statement (Rs in Thousand) |
||
|
Particulars |
31-03-2024 |
31-03-2023 |
|
Cash flow from operating
activities: |
||
|
Net Profit before Tax &
Extra-ordinary items |
53,471 |
19,079 |
|
Adjustments for: |
||
|
Finance Costs |
15 |
477 |
|
Depreciation |
2,925 |
3,351 |
|
Miscellaneous Balance Written
off |
43 |
- |
|
Interest Income |
(51,251) |
(40,444) |
|
Dividend Income |
(723) |
(862) |
|
Rental Income |
(43) |
(57) |
|
Profit on redemption of
Current Investments |
(847) |
(470) |
|
Profit on redemption of
Non-Current Investments |
(24,154) |
- |
|
Provision for doubtful trade
receivable |
477 |
- |
|
Loss on sale/ discard of
Property, Plant and Equipment |
52 |
- |
|
Operating Profit before
working capital changes. |
(20,035) |
(18,925) |
|
Adjustment for : |
||
|
Trade, other Receivables and
loans and advances / Other Current and Non – current Assets |
(72,631) |
(7,347) |
|
Current and Non-current
Liabilities |
26,714 |
(8,589) |
|
Cash Generated from operation |
(65,952) |
(34,861) |
|
Income tax paid (Net of
refunds) |
6,789 |
8,235 |
|
Net Cash from Operation
Activities |
(72,741) |
(43,096) |
|
Cash flow from investing
activities: |
||
|
Interest Income |
51,251 |
40,444 |
|
Rental Income |
43 |
57 |
|
Dividend Income |
723 |
862 |
|
Purchase of Property, Plant
and Equipment and Intangible Assets |
(1,179) |
(852) |
|
Sale of Property, Plant and
Equipments |
164 |
- |
|
Other bank balances (Bank FDR’s
with original maturity of more than 12 months) |
(138,400) |
(132,506) |
|
Purchase of Investments |
(22,576) |
(73,029) |
|
Sale/Redemption of Investments |
41,297 |
36,578 |
|
Net Cash used in Investing
Activities |
(68,677) |
(128,446) |
|
Cash flow from financing activities: |
|
|
|
Finance Costs |
-15 |
-477 |
|
Net Cash used in Financing
Activities |
-15 |
-477 |
|
Net Increase/ decrease in Cash
& Cash Equivalents |
(141,433) |
(172,018) |
|
Cash & Cash Equivalents (Opening
Balance) |
451,870 |
623,888 |
|
Cash & Cash Equivalents (Closing
Balance) |
310,437 |
451,870 |
Here is a summary of the Cash Flow Statement for the years 2024 and 2023:
Operating Activities
For FY 2023-24, the company reported a profit before tax
of ₹53,471, higher than ₹19,079 in FY 2022-23. After adjustments like
depreciation (₹2,925), finance costs (₹15), and provision for doubtful
receivables (₹477), operating profit before working capital changes stood at –₹20,035
(vs. –₹18,925 in FY 2022-23). Working capital adjustments worsened with trade
receivables and loans rising by ₹72,631, partially offset by an increase in
current liabilities of ₹26,714. After taxes, net cash used in operations was
–₹72,741, compared to –₹43,096 in FY 2022-23, indicating further strain in
operating liquidity.
Investing Activities
Net cash outflow from investing stood at –₹68,677
in FY 2023-24, compared to –₹128,446 in FY 2022-23. The key components included
sale/redemption of investments worth ₹41,297 and inflows of interest income
(₹51,251). However, significant outflows included purchase of investments
(₹22,576) and movement of other bank balances (₹138,400).
Financing Activities
Financing activities saw negligible movement, with net
cash used in financing being –₹15 in FY 2023-24, compared to –₹477 in FY
2022-23, indicating minimal reliance on external borrowings or repayments.
Net Change in Cash Position
Overall, the company recorded a net decrease of ₹141,433
in cash and cash equivalents during FY 2023-24, compared to a decrease of
₹172,018 in FY 2022-23. Consequently, closing cash and cash equivalents fell to
₹310,437 at the end of FY 2023-24 from ₹451,870 in FY 2022-23. Including
other bank balances, the total cash and bank balances stood at ₹581,537,
nearly stable compared to ₹584,570 in the previous year.
|
Particulars |
31/3/2024 |
31/3/2023 |
|
Current
Ratio (in times) |
57.91 |
59.74 |
|
Return
on Capital Employed (in%) |
2.71 |
1.79 |
|
Return
on Investment (in %) |
6.18 |
5.25 |
|
Return
on Equity ratio (in%) |
2.07 |
1.32 |
Here is a summary of the Financial Ratios for the years 2024 and 2023:
Current Ratio
The current ratio was 57.91
in 2024, compared with 59.74 in 2023. This
shows that the company’s current assets were much higher than its current
liabilities in both years, with a small decline in 2024.
Return on Capital Employed (ROCE)
ROCE stood at 2.71% in 2024,
up from 1.79%
in 2023. This means that the return generated from the capital
employed in the business increased in 2024 compared to the previous year.
Return on Investment (ROI)
ROI was 6.18% in 2024,
against 5.25%
in 2023. This reflects an improvement in returns from
investments year on year.
Return on Equity (ROE)
ROE was 2.07% in 2024, higher
than 1.32%
in 2023. This indicates that the return earned on shareholders’
equity improved in 2024 compared with 2023.
