Himadri Credit And Finance Annual Reports, Balance Sheet and Financials

Particulars

2023

2022

I. ASSETS

1) Financial Assets

(a) Cash and cash equivalents

53.97

41.34

(b) Loans

3,193.25

4,203.46

(c) Investments

2,143.41

2,189.13

(d) Other financial assets

0.35

0.35

Sub-total Financial Assets

5,390.98

6,434.28

2) Non-financial Assets

(a) Current tax assets (net)

–

12.46

(b) Deferred tax assets (net)

59.5

4.13

(c) Property, plant and equipment

0.2

0.2

Sub-total Non-financial Assets

59.7

16.79

TOTAL ASSETS

5,450.68

6,451.07

II. LIABILITIES AND EQUITY

1) Financial Liabilities

(a) Payables

(I) Trade payables

- Total outstanding dues of micro enterprises and small enterprises

–

–

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

1.28

1.73

(b) Borrowings (other than debt securities)

–

1,259.75

(c) Other financial liabilities

–

8.6

Sub-total Financial Liabilities

1.28

1,270.08

2) Non financial Liabilities

(a) Provisions

13.1

0.2

(b) Other non financial liabilities

0.38

0.89

Sub-total Non financial Liabilities

13.48

1.09

3) Equity

(a) Equity share capital

300.02

300.02

(b) Other equity

5,135.90

4,879.88

Sub-total Equity

5,435.92

5,179.90

TOTAL EQUITY AND LIABILITIES

5,450.68

6,451.07

Particulars

2023

2022

Revenue from operations

Interest income

207.36

221.34

Dividend income

2.97

2.23

Net gain on fair value changes

1.12

0.57

Total Revenue from operations

211.45

224.14

II Other income

0.12

–

III Total income

211.57

224.14

Expenses

Finance costs

4.8

37.4

Impairment of financial instruments (Expected credit loss)

-2.53

-0.01

Employees benefits expense

17.33

15.5

Other expenses

18.29

5.58

IV Total expenses

37.89

58.47

V Profit before tax (III - IV)

173.68

165.67

VI Tax expense

Current tax

51.67

41.55

Deferred tax

-13.28

-8.31

Income tax for earlier year

0.56

–

VII Profit for the year (V - VI)

134.73

132.43

VIII Other comprehensive income

A (i) Items that will not be reclassified to profit or loss

79.2

490.49

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

42.09

2.78

B (i) Items that will be reclassified to profit or loss

–

–

(ii) Income taxes on items that will be reclassified to profit or loss

–

–

Total other comprehensive income, net of taxes (A+B)

121.29

493.27

IX Total comprehensive income for the period (VII + VIII)

256.02

625.7

X Earnings per equity share (of `10/- each):

Basic

4.49

4.41

Diluted

4.49

4.41

Particulars

2023

2022

A. CASH FLOW FROM OPERATING ACTIVITIES

Net Profit before tax and extra-ordinary items

173.68

165.67

Adjustments for :

Finance cost

4.8

37.4

Interest income

-207.36

-221.34

Dividend received

-2.97

-2.23

Investments valued through FVTPL

-1.12

-0.57

Operating profit before working capital changes

-32.97

-21.07

Adjustments for change in:

Provisions

0.05

0.03

Loans and advances

1,010.21

3.81

Trade payables, other financial and non financial liabilities

-2.07

-0.44

Purchase of investments (at fair value through profit and loss)

–

–

Proceeds from sale of investment (at fair value through profit and loss)

–

–

Cash generated from operations

975.22

-17.67

Interest paid

-12.29

-53.12

Interest received

207.36

221.34

Dividend received

2.97

2.23

Direct taxes refunded/(paid)

-26.92

-33.57

Net cash inflow/ (outflow) from operating activities

1,146.34

119.21

B. CASH FLOW FROM INVESTING ACTIVITIES

Proceeds from sale of investment (at fair value through other comprehensive income)

126.04

–

Net cash inflow/ (outflow) from investing activities

126.04

–

C. CASH FLOW FROM FINANCING ACTIVITIES

Increase / (decrease) in borrowings

-1,259.75

-112

Net cash provided by/ (used in) financing activities

-1,259.75

-112

Net increase/ (decrease) in cash and cash equivalents

12.63

7.21

Cash and Cash equivalents at the beginning of the year

41.34

34.13

Cash and Cash equivalents at the end of the year (Refer Note 5)

53.97

41.34