| Periods | 1 Week | 1 Month | 3 Months | 6 Months | 1 Year | 3 Years | All Time |
|---|---|---|---|---|---|---|---|
| Primex-40 | |||||||
| India Exposition Mart Limited |
India Exposition Mart Limited
Consolidated Balance Sheet as at 31st March 2023 (` Million)
| Particulars | 31.03.2023 | 31.03.2022 |
|---|---|---|
| ASSETS | ||
| Property, plant & equipment | 1,549.19 | 733.59 |
| Right-of-use assets | 225.80 | 229.32 |
| Capital work-in-progress | 15.57 | 446.67 |
| Other Intangible assets | 10.08 | 0.12 |
| Intangible assets under development | 4.25 | 6.96 |
| Other financial assets | 57.08 | 12.41 |
| Deferred tax assets (net) | 25.77 | 80.88 |
| Non-Current tax asset (net) | 32.15 | 44.31 |
| Other Non-Current assets | 5.22 | 15.69 |
| Inventories | 19.11 | 8.03 |
| Trade receivables | 242.78 | 116.82 |
| Cash & cash equivalents | 72.03 | 113.16 |
| Bank balances other than above | 869.01 | 345.99 |
| Other financial assets | 7.89 | 2.22 |
| Other Current assets | 81.20 | 17.83 |
| TOTAL ASSETS | 3,217.16 | 2,174.00 |
| EQUITY AND LIABILITIES | ||
| Equity share capital | 370.00 | 370.00 |
| Other equity | 1,695.66 | 974.17 |
| Equity attributable to equity holders | 2,065.65 | 1,344.17 |
| Non-controlling interests | 18.46 | 8.37 |
| Borrowings | 244.26 | 159.06 |
| Lease liabilities | 106.72 | 103.14 |
| Other Non-current liabilities | 151.18 | 160.73 |
| Provisions | 3.81 | 3.72 |
| Borrowings | 58.09 | 44.46 |
| Lease liabilities | 7.10 | 7.10 |
| Trade payables - micro enterprises | 7.22 | 1.70 |
| Trade payables - other creditors | 149.65 | 62.08 |
| Other financial liabilities | 179.93 | 61.02 |
| Other current liabilities | 156.83 | 206.55 |
| Current tax liabilities (net) | 60.50 | – |
| Provisions | 7.75 | 11.89 |
| TOTAL EQUITY AND LIABILITIES | 3,217.16 | 2,174.00 |
India Exposition Mart Limited
Consolidated Statement of Profit and Loss for the year ended 31st March 2023 (` Million)
| Particulars | 31.03.2023 | 31.03.2022 |
|---|---|---|
| Revenue from operations | 2,170.75 | 428.70 |
| Other income | 76.74 | 49.44 |
| Total income | 2,247.49 | 478.14 |
| Purchases of Stock-in-Trade | 19.74 | – |
| Changes in inventories of finished goods, Stock-in-Trade and work-in-progress | (8.20) | – |
| Food & Beverages Consumed | 4.69 | – |
| Employee benefits expense | 144.30 | 63.86 |
| Finance costs | 19.56 | 12.94 |
| Depreciation and amortisation expense | 117.94 | 112.08 |
| Other expenses | 962.18 | 279.06 |
| Profit / (Loss) before tax and exceptional items | 987.28 | 10.20 |
| Exceptional items | 10.28 | 35.00 |
| Share of Profit/(Loss) of Joint Venture | (2.05) | – |
| Profit/(Loss) before Tax | 974.95 | (24.80) |
| Current tax | 223.31 | – |
| Deferred tax expense/(credit) | 55.31 | (3.87) |
| Total tax expense | 278.62 | (1.56) |
| Profit/(Loss) for the year | 696.33 | (23.24) |
| Re-measurements of the defined benefits plan | (0.77) | 0.46 |
| Exchange differences on translation of foreign operations | 0.03 | – |
| Other comprehensive income / (loss) | (0.55) | 0.34 |
| Total comprehensive income for the year | 695.78 | (22.90) |
| Earnings per equity share (Basic) (`) | 9.59 | (0.24) |
| Earnings per equity share (Diluted) (`) | 9.52 | (0.24) |
India Exposition Mart Limited
Consolidated Cash Flow Statement for the year ended 31st March 2023 (` Million)
| Particulars | 31.03.2023 | 31.03.2022 |
|---|---|---|
| Cash flows from operating activities: | ||
| Profit / (loss) before tax and exceptional Items | 987.28 | 10.20 |
| Depreciation and amortisation expense | 117.94 | 112.08 |
| Finance costs | 19.56 | 12.94 |
| Allowance for expected credit loss | 7.46 | 2.72 |
| Interest income | (32.95) | (13.62) |
| Share based payment to employees | 12.29 | 6.43 |
| IPO related expenditures | (10.28) | (35.00) |
| Liabilities no longer required, written back | (2.65) | – |
| Rental income | (10.99) | (6.50) |
| Bad debts | 4.60 | 9.89 |
| Operating cash flows before changes in working capital | 1,089.89 | 99.40 |
| (Increase)/Decrease in trade receivables | (138.02) | (17.37) |
| (Increase)/Decrease in other Financial Assets | (48.46) | 24.78 |
| (Increase)/Decrease in other Assets | (63.37) | 9.63 |
| (Increase)/Decrease in inventory | (11.08) | (4.39) |
| Increase/(Decrease) in trade payables | 95.79 | 26.31 |
| Increase/(Decrease) in financial liabilities | 118.91 | 17.12 |
| Increase/(Decrease) in Other liabilities | (59.29) | 74.96 |
| Increase/(Decrease) in provisions | (4.82) | 4.55 |
| Cash generated from operations | 979.55 | 234.99 |
| Income taxes paid (net) | (150.65) | (38.31) |
| Net cash from operating activities | 828.90 | 196.68 |
| Cash flows from investing activities: | ||
| Purchase of property, plant & equipment | (472.53) | (245.95) |
| Proceeds from sale of property, plant & equipment | 0.46 | 0.01 |
| Proceeds from / (Additions to) bank deposits (net) | (523.02) | (52.73) |
| Rental Income | 10.99 | 6.50 |
| Interest received | 31.06 | 13.80 |
| Net cash used in investing activities | (953.07) | (278.37) |
| Cash flows from financing activities: | ||
| Proceeds from term loans | 164.96 | 207.86 |
| Repayment of term loans | (68.93) | (31.72) |
| Interest paid | (29.37) | (8.33) |
| Lease payments | (7.14) | (6.75) |
| Proceeds from issuance of equity shares to non-controlling interest | 19.99 | 14.00 |
| Proceeds from calls of partly paid equity shares to non-controlling interest | 3.50 | – |
| Net cash from financing activities | 83.01 | 175.06 |
| Net (decrease)/increase in cash and cash equivalents | (41.16) | 93.37 |
| Cash and cash equivalents at the beginning of the year | 113.16 | 19.79 |
| Exchange differences on foreign currency cash & cash equivalents | 0.03 | – |
| Cash and cash equivalents at the end of the year | 72.03 | 113.16 |
Explanation of India Exposition Mart Limited 's Cash Flow Statement for the Year Ended 31st March 2023 (in millions)
Cash Flows from Operating Activities
The company reported a profit before tax and exceptional items of 987.28 million, reflecting strong business performance. Key adjustments included depreciation and amortization expense of 117.94 million, finance costs of 19.56 million, and share-based payments to employees of 12.29 million, boosting cash inflows. Working capital adjustments such as an increase in trade receivables by 138.02 million and other financial assets by 48.46 million indicate higher business activity. Despite these outflows, increases in trade payables by 95.79 million and financial liabilities by 118.91 million helped maintain positive cash flow. After paying income taxes of 150.65 million, the net cash generated from operating activities was 828.90 million.
Cash Flows from Investing Activities
The company made significant investments in property, plant, and equipment amounting to 472.53 million, showing its commitment to business expansion. Additional cash outflows included net investments in bank deposits of 523.02 million. However, inflows from interest received of 31.06 million and rental income of 10.99 million partially offset these expenditures. The net cash used in investing activities was 953.07 million, reflecting a focus on long-term growth through capital investments.
Cash Flows from Financing Activities
The company secured proceeds from term loans totaling 164.96 million and issued equity shares to non-controlling interests, raising 19.99 million. Partial repayment of term loans (68.93 million), interest payments (29.37 million), and lease payments (7.14 million) reduced net inflows. Calls on partly paid equity shares to non-controlling interests contributed another 3.50 million. The net cash generated from financing activities amounted to 83.01 million, supporting its expansion strategy.
