Himadri Credit And Finance Annual Reports, Balance Sheet and Financials

Particulars

31-03-2024

31-03-2023

Financial Assets

Cash and cash equivalents

9.10

53.97

Loans

3,386.14

3,193.25

Investments

5,153.70

2,143.41

Other financial assets

0.35

0.35

Non-financial Assets

Deferred tax assets (net)

-

59.50

Property, plant and equipment

-

0.20

Total Assets

8,549.29

5,450.68

Financial Liabilities

Trade payables

Total outstanding dues of creditors other than micro enterprises and small enterprises

1.83

1.28

Non-financial Liabilities

Provisions

10.85

13.10

Deferred tax liabilities (net)

89.92

-

Other non financial liabilities

0.30

0.38

Equity

Equity share capital

300.02

300.02

Other equity

8,146.37

5,135.90

Total Equity and Liabilities

8,549.29

5,450.68

Particulars

31-03-2024

31-03-2023

Revenue from Operations

Interest income

229.82

207.36

Dividend income

3.71

2.97

Net gain on fair value changes

1.20

1.12

Total Revenue from operations

234.73

211.45

Other Income

-

0.12

Total Income

234.73

211.57

Expenses

Finance costs

-

4.80

Impairment on financial instruments (Expected credit loss)

0.48

(2.53)

Employees benefits expense

19.50

17.33

Other expenses

8.52

18.29

Total Expenses

28.50

37.89

Profit before tax

206.23

173.68

Current tax

51.78

51.67

Deferred tax

(9.00)

(13.28)

Income tax for earlier year

3.66

0.56

Profit for the year

159.79

134.73

Other comprehensive income

Items that will not be reclassified to profit or loss

3,009.10

79.20

Income taxes on items that will not be reclassified to profit or loss

(158.42)

42.09

Total comprehensive income for the period

3,010.47

256.02

Earning Per Share

Basic

5.33

4.49

Diluted

5.33

4.49

Particulars

31-03-2024

31-03-2023

Cash Flow from Operating Activities

Net Profit before tax and extra-ordinary items

206.23

173.68

Adjustments for :

Finance cost

–

4.80

Interest income

(229.82)

(207.36)

Dividend received

(3.71)

(2.97)

Loss on Disposal of Property, Plant and equipment

0.20

–

Investments valued through FVTPL

(1.20)

(1.12)

Operating profit before working capital changes

(28.30)

(32.97)

Adjustments for change in:

Provisions

(0.04)

0.05

Loans and advances

(192.89)

1,010.21

Trade payables, other financial and non financial liabilities

0.47

(2.07)

Cash generated from operations

(220.76)

975.22

Interest paid

–

(12.29)

Interest received

229.82

207.36

Dividend received

3.71

2.97

Direct taxes refunded/(paid)

(57.64)

(26.92)

Net cash inflow/ (outflow) from operating activities

(44.87)

1,146.34

Cash Flow from Investing Activities

Proceeds  from  sale  of  investment

-

126.04

Net cash inflow/ (outflow) from investing activities

-

126.04

Cash Flow from Financing Activities

Increase / (decrease) in borrowings

-

(1,259.75)

Net cash provided by/ (used in) financing activities

-

(1,259.75)

Net increase/ (decrease) in cash and cash equivalents

(44.87)

12.63

Cash and cash equivalents at the beginning of the year

53.97

41.34

Cash and cash equivalents at the end of the year

9.10

53.97