Goldedge Estate Latest Annual Report, Balance Sheet and Financials

Goldedge Estate And Investments Limited Consolidated Balance Sheet (Rs in Lakhs)

Particulars	31-03-2025	31-03-2024
Financial Assets
Cash and cash equivalents	191.39	6.44
Bank Balance other than cash & cash equivalents	287.11	273.1
Loans	33.71	183.05
Investments	143.59	146.32
Non-financial Assets
Current tax assets (net)	0.41	4.42
Deferred tax Assets (Net)	0.03	0.18
Total Assets	656.24	613.51
Financial Liabilities
Other financial liabilities	1.33	21.25
Non-Financial Liabilities
Provisions	11.76	0.73
Other non-financial liabilities	0.52	0.33
Equity
Equity Share capital	512.24	512.24
Other Equity	130.39	78.96
Total Liabilities and Equity	656.24	613.51

 

Goldedge Estate And Investments Limited Consolidated Profit & Loss Statement (Rs in Lakhs)

Particulars	31-03-2025	31-03-2024
Revenue from Operations
Interest Income	27.42	28.72
Other Income	60.27	-
Total Income	87.69	28.72
Expenses
Employee Benefit Expenses	9.96	9.36
Other Expenses	11.78	8.54
Total Expenses	21.74	17.90
Profit Before Tax	65.95	10.82
Current Tax	14.37	2.73
Deferred Tax	0.15	-
Earlier Year Tax	(0.01)	-
Profit for the Year	51.44	8.09
Earnings Per Equity Share of Rs. 10/- Each Paid Up
Basic & Diluted	1.00	0.16

 Goldedge Estate And Investments Limited Consolidated Cash Flow Statement (Rs in Lakhs)

Particulars	31-03-2025	31-03-2024
Cash Flow from Operating Activities
Net profit before taxation & extraordinary item	65.95	10.82
Adjustment for:
Income from sale of investments	(60.27)
Provision for standard assets	(0.60)	-
Operating profit before working capital changes	5.08	10.82
Adjustment for:
(Decrease)/Increase in current tax assets	4.01	-
Decrease/(Increase) in loan and advances	149.34	-
Decrease/(Increase) in Other assets 9including bank balance other than cash)	(14.02)	(14.43)
(Decrease)/Increase in Other liabilities	(19.73)	(1.81)
Cash generated from operations	124.69	(5.43)
Income Tax Paid	2.74	2.76
Cash Flow from Operating activities	121.95	(8.19)
Cash flow from Investing activities
Sale of Investments	63.00	-
Net Cash from Investing activities	63.00	-
Net Increase in cash & cash equivalents	184.95	(8.19)
Cash & Cash equivalents at beginning of year	6.44	14.63
Cash & Cash equivalents at end of period	191.39	6.44

Cash Flow Statement Analysis – Goldedge Estate And Investments Limited
(All amounts in ₹ Lakhs)

Cash Flow from Operating Activities

The Company reported a net profit before tax of ₹65.95 lakhs during FY 2024–25 as compared to ₹10.82 lakhs in FY 2023–24, reflecting a significant improvement in operating performance. After adjusting for non-operating income, including profit from sale of investments and provisions, operating profit before working capital changes stood at ₹5.08 lakhs.

Working capital movements contributed positively to liquidity. A reduction in loans and advances generated ₹149.34 lakhs, while adjustments in tax assets and other balances had a moderate impact. These were partially offset by decreases in other liabilities and movement in other assets.

As a result, cash generated from operations stood at ₹124.69 lakhs compared to an outflow in the previous year. After accounting for income tax payments, net cash inflow from operating activities amounted to ₹121.95 lakhs, marking a substantial turnaround from the outflow of ₹8.19 lakhs in FY 2023–24. This reflects improved operational efficiency and stronger working capital management.

Cash Flow from Investing Activities

Investing activities resulted in a net inflow of ₹63.00 lakhs during FY 2024–25, primarily driven by proceeds from sale of investments. There were no comparable investing inflows in the previous year.

The inflow indicates strategic portfolio realignment and monetization of investments, contributing positively to liquidity and strengthening the Company’s cash position.

Cash Flow from Financing Activities

No financing cash flow movements were reported during the year, indicating the absence of major borrowing, repayment, or capital restructuring activities. This suggests reliance on internal accruals and investment realizations for funding requirements.

Overall Cash Position

The Company recorded a net increase in cash and cash equivalents of ₹184.95 lakhs during FY 2024–25 compared to a decrease of ₹8.19 lakhs in the previous year. Cash balances rose significantly to ₹191.39 lakhs at year-end from ₹6.44 lakhs at the beginning of the year.

The strong cash build-up was primarily supported by improved operating cash flows and investment realisations. This enhanced liquidity position strengthens the Company’s financial flexibility and supports its capacity to pursue future investment opportunities and meet operational commitments.