Incred Prime Finance Annual Report | Revenue | Balance Sheet

Particulars

 31 March 2023

 31 March 2022

ASSETS

-

-

Financial Assets

-

-

Cash and cash equivalents

8.27

5,203.13

Bank balances other than Cash and Cash equivalent

-

2991.36

Derivative financial Instruments

-

1181.05

Loans

145.03

373226.42

Investments

-

8,679.53

Other financial assets

148.55

2,736.69

Non Financial Assets

-

-

Current tax assets

1,183.68

1,184.47

Deffered Tax Assets

47.38

2038.67

Property, Plant and Equipment

0.54

3384.8

Capital Work in-Progress

-

293.95

Other Intangible Assets

-

188.63

Other Non Financial Assets

896.3

1280.55

TOTAL ASSETS

2,429.75

4,02,389.25

EQUITY AND LIABILITIES

-

-

Financial Liabilities

Derivative financial Instruments

-

186.87

Debt Securities

-

1,06,523.77

Borrowings (other than Debt Securities)

-

1,75,065.49

Other financial liabilities

1,110.30

8,157.93

Non Financial Liabilities

Provisions

1.27

323.27

Other Non Financial Liabilities

223.48

900.48

Equity

-

-

Equity Share Capital

3880.26

35450.27

Preference Share Capital

-

3347.96

Other Equity

-2,785.56

72433.21

TOTAL EQUITY AND LIABILITIES

2,429.75

4,02,389.25

Particulars

 31 March 2023

 31 March 2022

Revenue from operations

Interest Income

74.85

47,334.45

Net gain on derecognition of financial instruments under amortised Category

-

336.68

Fees and commission Income

2.61

1022.24

Net gain/(loss) on fair value changes

-

98.29

Other Income

134.04

3,330.04

Total Income

211.50

52,121.70

Finance Costs

18.00

21,951.92

Net loss on derecognition of financial instruments under amortised Category

-

1,045.87

Impairment of financial Instruments

23.51

4351.54

Employee benefits expenses

52.54

13687.76

Depriciation, amotization and impairment

0.50

1070.58

Other expenses

100.31

5196.83

Total Expenses

194.86

47,304.50

Profit before Tax

16.64

4817.20

Current tax

6.64

1358.68

Deferred tax

8.49

-153.25

Profit for the Period

1.51

3611.77

Other comprehensive Income

Items that will not be reclassified to profit or loss

-

-

Remeasurement gain/(loss) of the defined benefit plans

-

-94.84

Income Tax relating to items that will not be reclassified to profit or loss

-

23.87

Items that will be reclassified to profit or loss

-

-

Debt Instruments through other comprehensive Income

-

120.30

The Effective Portion of gains and loss on hedging instruments in a cash flow hedge

-

103.74

Income Tax relating to items that will not be reclassified to profit or loss

-

4.17

Other Comprehensive Income/(loss)

-

-83.36

Total comprehensive Income for the Period

1.51

3528.41

Earnings per equity share

Basic (Rs.)

0.00

0.94

Diluted (Rs.)

0.00

0.93

Particulars

 31 March 2023

 31 March 2022

Cash flows from operating activities

Profit before tax

16.64

4817.20

Adjustments for:

Depreciation and amortisation

0.76

656.90

Loss on sale of property, plant and equipment

3.4

Net (gain) on fair value changes

-

-98.29

Interest Income

-75.00

-47334.45

Finance costs

18.00

21568.06

Impairment on Financial Instruments

29.00

4356.83

Share based payment to employees

-

2442.16

Retirement benefit Expenses

-

60.52

Operating profit before working capital changes

-10.60

-13527.67

(Increase) in Loans

860.00

-122227.31

(Increase)/decrease in Other financial assets

-89.00

-915.42

(Increase)/decrease in Other Non financial Assets

16.00

5.00

Increase in other financial liabilities

386.00

1840.23

Increase in other Non financial liabilities

-221.00

384.28

Increase/(decrease) in provisions

-1.58

Cash generated from operations

941.38

-134442.47

Interest received on loans

75.00

45746.66

Interest Paid on borrowings and debt

-18.00

-21568.06

Income tax paid (net)

-6.00

-1822.5

Net cash (used) in operating activities

992.39

-112086.37

Cash flows from investing activities

Purchase of Property, plant and equipment

-

-527.29

Proceeds from sale of property, plant and equipment

-

37.77

Purchase Of Intangible Assets

-

-107.08

Capital work in Progress

-

-279.45

Investment in Subsidiaries

-

-999.34

Purchase of Investments

-

-61273.28

Proceeds from Sale of Investments

-

66947.44

Investments in term deposits earmarked with banks

-

-57430.3

Proceeds from maturity in term deposits earmarked with banks

-

55027.4

Net cash (used in)/generated from investing activities

-

1395.87

Cash flows from financing activities

proceeds from issue of equity shares (includes securities premium)

15.89

671.64

Reversal of Rent Expense

-

-441.55

Proceeds from borrowings (other than Debt Securities)

-

155520.00

proceeds from issue of Debt Securities

-

93524.29

Repayment of Borrowings (other than Debt Securities)

-1,000.00

-74624.56

Redemption of Debt Securities

-

-60827.55

Net cash generated from financing activities

-984.11

113822.27

Net increase/(decrease) in cash and cash equivalents during the year

8.27

3131.77

Cash and cash equivalents at the beginning of the year

-

-645.69

Cash and cash equivalents at the end of the year

8.27

2486.08