| Periods | 1 Week | 1 Month | 3 Months | 6 Months | 1 Year | 3 Years | All Time |
|---|---|---|---|---|---|---|---|
| Primex-40 | |||||||
| Himadri Credit And Finance Limited |
|
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 |
Here is a summary of the Cash Flow Statement for the years 2024 and 2023:
Cash Flow from Operating Activities
Net Profit Before Tax and Extraordinary Items: Increased to Rs. 206.23 Lakhs in 2024 from Rs. 173.68 Lakhs in 2023.
Adjustments:
Interest income and dividends received have contributed to cash inflow, although they are offset by minor losses on the disposal of property, plant, and equipment (Rs. 0.20 Lakhs).
After adjusting for changes in working capital items like provisions, loans, advances, and liabilities, cash from operations shows an outflow of Rs. 220.76 Lakhs in 2024, contrasting with a large inflow of Rs. 975.22 Lakhs in 2023.
Net Cash from Operating Activities: Concludes with a net cash outflow of Rs. 44.87 Lakhs in 2024, compared to an inflow of Rs. 1,146.34 Lakhs in 2023. This shift is largely attributed to reduced adjustments in loans and advances and a minor rise in direct tax payments.
Cash Flow from Investing Activities
Proceeds from Sale of Investment: There was no investment income for 2024, while the previous year saw Rs. 126.04 Lakhs from the sale of investments.
Net Cash Flow from Investing Activities: Results in zero cash flow in 2024, compared to an inflow of Rs. 126.04 Lakhs in 2023.
Cash Flow from Financing Activities
Borrowings: There were no changes in borrowings in 2024, whereas in 2023, there was a significant cash outflow of Rs. 1,259.75 Lakhs from reduced borrowings.
Net Cash from Financing Activities: Records zero movement in 2024 due to no new borrowings or debt repayment, contrasting with the outflow seen in 2023.
Net Change in Cash and Cash Equivalents
The cash flow for 2024 shows a net decrease in cash of Rs. 44.87 Lakhs, in contrast to an increase of Rs. 12.63 Lakhs in 2023.
Opening and Closing Cash Balances: Starting cash at the beginning of 2024 was Rs. 53.97 Lakhs, ending with Rs. 9.10 Lakhs.
