ELCID Investments Annual Reports, Balance Sheet and Financials

Elcid Investment Balance Sheet (Rs in Lakhs)

Elcid Investment Profit & Loss Statement (Rs inLakhs)

Elcid Investment Consolidated Cash Flow Statement (Rs in Lakhs)

Here is a summary of the Cash Flow Statement for the years 2024 and 2023:

Cash Flow from Operating Activities

Profit / (Loss) Before Tax:

31-Mar-24: ₹23,158.74

31-Mar-23: ₹10,199.45

The profit before tax has increased significantly from ₹10,199.45 in the previous year to ₹23,158.74 in the current year. This suggests an improvement in the company 's core operational performance.

Depreciation and Amortization:

31-Mar-24: ₹88.10

31-Mar-23: ₹77.01

Depreciation and amortization have increased from ₹77.01 to ₹88.10. This rise indicates that the company may have acquired new assets or has had increased depreciation on existing assets.

Gain on Sale of Asset:

31-Mar-24: -₹24.07

31-Mar-23: ₹0

There is a minor loss on the sale of assets in the current year, compared to no such gain or loss in the previous year. This suggests a loss was incurred from selling some assets.

Net Gain on Fair Value of Financial Instruments - Realized:

31-Mar-24: -₹2,412.64

31-Mar-23: -₹5,559.13

The realized losses on financial instruments have decreased from ₹5,559.13 to ₹2,412.64, indicating that the company has managed to reduce its losses from these instruments.

Net Gain on Fair Value of Financial Instruments - Unrealized:

31-Mar-24: -₹9,794.89

31-Mar-23: ₹3,161.92

Unrealized losses have dramatically increased from a gain of ₹3,161.92 to a loss of ₹9,794.89, reflecting a significant decline in the value of financial instruments held by the company.

Operating Profit Before Working Capital Changes:

31-Mar-24: ₹11,015.24

31-Mar-23: ₹7,879.24

This measure of operational efficiency has increased, indicating better core operational performance before accounting for working capital changes.

Other Financial Assets:

31-Mar-24: -₹18.29

31-Mar-23: -₹7.23

The company has a larger outflow in other financial assets compared to the previous year, suggesting increased investments or expenses related to these assets.

Other Non-Financial Assets:

31-Mar-24: ₹0.55

31-Mar-23: ₹0.07

This small increase in non-financial assets reflects minimal changes in this category.

Other Financial Liabilities:

31-Mar-24: -₹3.24

31-Mar-23: ₹16.11

The company has seen a decrease in other financial liabilities, indicating either a reduction in short-term obligations or settlement of prior liabilities.

Other Non-Financial Liabilities:

31-Mar-24: -₹2.26

31-Mar-23: ₹0.88

The increase in non-financial liabilities suggests a rise in expenses or obligations that are not related to financial activities.

Income Taxes Paid / (Refund):

31-Mar-24: -₹3,222.00

31-Mar-23: -₹4,180.41

Income tax payments have decreased, possibly due to higher tax deductions or lower taxable income compared to the previous year.

Net Cash Flows from Operating Activities:

31-Mar-24: ₹7,770.00

31-Mar-23: ₹3,708.64

There has been a significant increase in net cash flows from operating activities, reflecting improved operational efficiency and profitability.

Cash Flow from Investing Activities

Net Purchase of Investments:

31-Mar-24: -₹7,621.37

31-Mar-23: -₹2,602.46

The company has increased its investment outflows significantly, which could indicate a strategic expansion or acquisition.

Net Purchase of Property, Plant, and Equipment:

31-Mar-24: -₹1,087.43

31-Mar-23: ₹0

A new investment in property, plant, and equipment has occurred, indicating capital expenditure for growth or maintenance.

Net Purchase of Intangible Asset:

31-Mar-24: ₹0

31-Mar-23: -₹100.00

There was no purchase of intangible assets in the current year compared to the previous year, reflecting no investment in intangible assets like patents or software.

Changes in Earmarked Balances with Banks:

31-Mar-24: -₹0.13

31-Mar-23: ₹0.83

Minimal changes in earmarked bank balances suggest no major shifts in funds set aside for specific purposes.

Net Cash Flows from Investing Activities:

31-Mar-24: -₹8,708.92

31-Mar-23: -₹2,701.63

There has been a substantial outflow in investing activities, indicating increased capital investments and strategic expenditures.

Cash Flow from Financing Activities

Dividend Paid:

31-Mar-24: -₹50.00

31-Mar-23: -₹30.00

The company has increased its dividend payout, reflecting a decision to distribute more profits to shareholders.

Net Cash Flows from Financing Activities:

31-Mar-24: -₹50.00

31-Mar-23: -₹30.00

The cash outflow from financing activities has increased, primarily due to higher dividend payments.

Net Increase/ (Decrease) in Cash and Cash Equivalents

Net Increase/ (Decrease) in Cash and Cash Equivalents:

31-Mar-24: -₹988.92

31-Mar-23: ₹977.02

There is a significant decrease in cash and cash equivalents, indicating that the company 's expenditures and investments have exceeded its cash inflows.

Cash and Cash Equivalents at the Beginning of the Year:

31-Mar-24: ₹1,110.21

31-Mar-23: ₹133.20

The beginning cash balance has increased, reflecting a stronger starting position compared to the previous year.

Cash and Cash Equivalents at the End of the Year:

31-Mar-24: ₹121.29

31-Mar-23: ₹1,110.21

The ending cash balance has decreased substantially, aligning with the reported net decrease in cash and cash equivalents.

Financial Ratios of Elcid Investment

Here is a summary of the financial and operational metrics for Elcid Investment for the year 2024 & 2023:

Return on Net Worth (RONW):

2024: 4.40%

Return on Net Worth (RONW) is a key profitability metric that measures the efficiency with which a company is using its equity capital to generate profits. It is calculated as the ratio of net profit after tax (PAT) to the average net worth (equity) of the company. In this case, the RONW of 4.40% means that for every ₹100 of equity, the company has generated a profit of ₹4.40. This ratio indicates how well the company is utilizing its shareholders ' equity to generate profits. A 4.40% RONW suggests a modest return, reflecting that while the company is profitable, the returns on the shareholders ' equity are relatively low. This could be due to a variety of factors such as high equity base, lower profit margins, or competitive pressures that affect profitability. Investors and analysts often use this ratio to assess the attractiveness of the company compared to its peers and to gauge the efficiency of the management in utilizing shareholders ' funds.

Capital to Risk-Weighted Assets Ratio (CRAR):

2024: 98.03%

The Capital to Risk-Weighted Assets Ratio (CRAR), also known as the Capital Adequacy Ratio (CAR), is a measure of a bank’s financial strength and stability. It represents the ratio of a bank’s capital to its risk-weighted assets. This ratio is crucial for ensuring that a bank has enough capital to cover potential losses from its risk exposures, thus maintaining its solvency and financial stability. A CRAR of 98.03% indicates that the bank 's capital is significantly higher than its risk-weighted assets. This exceptionally high ratio suggests a very strong capital position, far exceeding regulatory requirements and typical industry standards. Regulatory authorities usually require a minimum CRAR (often around 8-12% for most banks), so a CRAR of 98.03% implies that the bank is extremely well-capitalized. This high level of capital provides a strong buffer against risks, enhances the bank 's ability to absorb losses, and supports growth and stability. It also indicates conservative risk management and possibly lower leverage, contributing to overall financial health and resilience.