| Periods | 1 Week | 1 Month | 3 Months | 6 Months | 1 Year | 3 Years | All Time |
|---|---|---|---|---|---|---|---|
| Primex-40 | |||||||
| ITL Finlease and Securities Limited |
|
Particulars |
2023 |
2022 |
|
ASSETS |
|
|
|
Financial Assets |
|
|
|
Cash and cash equivalents |
4.56 |
9.20 |
|
Receivables |
|
|
|
Trade Receivables |
1.25 |
1.03 |
|
Loans |
450.99 |
493.90 |
|
Investments |
140.91 |
162.51 |
|
Other financial assets |
33.30 |
38.20 |
|
Total Financial assets |
631.01 |
704.83 |
|
Non-Financial Assets |
|
|
|
Current tax assets(Net) |
13.60 |
9.73 |
|
Investment Property |
710.39 |
470.28 |
|
Property, Plant and Equipment |
0.73 |
121.45 |
|
Other Intangible Assets |
0.04 |
0.07 |
|
Other non-financial assets |
0.02 |
0.02 |
|
Total Non-Financial Assets |
724.78 |
601.56 |
|
TOTAL ASSETS |
1,355.79 |
1,306.39 |
|
LIABILITIES & EQUITY |
|
|
|
LIABILITIES |
|
|
|
Financial Liabilities |
|
|
|
Payables |
|
|
|
Trade Payables |
|
|
|
Total outstanding dues of creditors other than micro enterprises and small enterprises |
0.32 |
3.57 |
|
Other Financial Liabilities |
13.73 |
12.94 |
|
Non-Financial Liabilities |
|
|
|
Provisions |
19.49 |
22.55 |
|
Deferred Tax Liabilities(Net) |
15.00 |
22.56 |
|
Other Non-Financial Liabilities |
383.17 |
330.96 |
|
Total |
431.71 |
392.58 |
|
EQUITY |
|
|
|
Equity share capital |
480.81 |
480.81 |
|
Other equity |
443.27 |
432.99 |
|
Total Equity |
924.08 |
913.80 |
|
Total Liabilities and Equity |
1,355.79 |
1,306.39 |
|
Particulars |
2023 |
2022 |
|
Revenue from operations |
||
|
Interest Income |
34.34 |
37.29 |
|
Rental Income |
107.73 |
35.67 |
|
Total Revenue from Operations |
142.07 |
72.95 |
|
Other Income |
3.21 |
0.68 |
|
Total Income |
145.28 |
73.63 |
|
Expenses |
||
|
Finance Costs |
0.78 |
0.31 |
|
Net Loss on fair value Changes |
21.71 |
2.41 |
|
Impairment on financial instruments |
(0.41) |
(0.38) |
|
Employee benefit expense |
51.14 |
45.32 |
|
Depreciation and amortisation expense |
32.41 |
2.40 |
|
Other expenses |
24.81 |
22.00 |
|
Total Expenses |
130.45 |
72.07 |
|
Profit before exceptional item and tax |
14.83 |
1.56 |
|
Profit before tax |
14.83 |
1.56 |
|
Tax Expense: |
||
|
Current tax |
9.80 |
1.58 |
|
Deferred tax |
(6.79) |
(1.41) |
|
Earlier Year Tax |
(0.64) |
9.38 |
|
Total tax expense |
2.36 |
9.55 |
|
Profit/ (Loss) for the year |
12.47 |
(7.99) |
|
Other Comprehensive income |
||
|
Items that will not be reclassified to profit or loss |
||
|
Remeasurment of defined benefit plans(Net) |
(2.96) |
0.14 |
|
Income tax relating to items that will not be reclassified to profit or loss |
0.77 |
(0.04) |
|
Total Other comprehensive income (Net of Tax) |
(2.19) |
0.11 |
|
Total comprehensive income for the year |
10.27 |
(7.88) |
|
Earning per equity share: |
||
|
(Face value Rs.10 per share) |
||
|
Basics and diluted (Rupees) |
0.26 |
(0.17) |
|
Particulars |
2023 |
2022 |
|
A. Cash flow from Operating Activities |
||
|
Profit for the year |
14.83 |
1.56 |
|
Adjustment for: |
||
|
Provision for Gratuity |
(2.96) |
0.14 |
|
Profit from LLP |
(0.12) |
(0.29) |
|
Net (gain)/loss on financial instruments at fair value through profit or loss |
21.71 |
2.41 |
|
Service Income |
(0.36) |
|
|
Finance Cost |
0.31 |
|
|
Depreciation and amortisation of non-current assets |
32.41 |
2.40 |
|
Cash generated from operation before working capital changes |
65.86 |
6.18 |
|
Movements in working capital: |
||
|
Adjustments for (increase)/decrease in operating assets: |
||
|
Trade receivables |
(0.22) |
(0.82) |
|
Other financial assets |
4.90 |
(33.03) |
|
Loan |
42.91 |
93.03 |
|
Other non-financial assets |
(3.87) |
6.96 |
|
Adjustments for increase/(decrease) in operating liabilities: |
||
|
Trade payables |
(3.24) |
3.23 |
|
Other Financial liabilities |
0.78 |
8.25 |
|
Other Current laibilities |
52.21 |
231.43 |
|
Provision |
(3.06) |
1.80 |
|
Cash generated from operations |
156.27 |
317.03 |
|
Income tax paid |
(9.16) |
(10.96) |
|
Net cash generated by operating activities(A) |
147.12 |
306.07 |
|
B.Cash Flow from Investing Activities |
||
|
Payments for Investment in Property |
(151.75) |
(338.37) |
|
Net cash generated by/(used in) Investing Activities |
(151.75) |
(338.37) |
|
Net decrease in Cash and cash equivalents (A+B+C) |
(4.64) |
(32.21) |
|
Cash and cash equivalents at the beginning of the year |
9.20 |
41.51 |
|
Cash and cash equivalents at the end of the year end |
4.56 |
9.20 |
In 2023, the company reported a significant increase in cash flow from operating activities, amounting to INR 147.12 lakhs compared to the previous year 's INR 306.07 lakhs.
1. Profitability Growth:
- The company witnessed a notable surge in its profit for the year, reaching INR 14.83 lakhs, a substantial increase from the previous year 's INR 1.56 lakhs.
- There was a commendable adjustment for the provision for gratuity, contributing to an increase in cash flow by INR 2.96 lakhs.
2. Financial Instruments and Services:
- A significant net gain of INR 21.71 lakhs from financial instruments at fair value through profit or loss greatly influenced the positive cash flow.
- Service income and finance cost adjustments contributed to the overall cash flow.
3. Depreciation and Amortization:
- A noteworthy increase in depreciation and amortization of non-current assets was observed, amounting to INR 32.41 lakhs, compared to INR 2.40 lakhs in the previous year.
4. Working Capital Changes:
- The company efficiently managed its working capital, with a substantial decrease in trade receivables and an increase in other financial assets, contributing positively to cash flow.
- Notable adjustments in operating liabilities, including trade payables, other financial liabilities, and provisions, further enhanced the cash generated from operations.
5. Investing Activities:
- The company made significant payments for investment in property, amounting to INR 151.75 lakhs in 2023, as compared to INR 338.37 lakhs in the previous year, impacting cash flow from investing activities.
6. Overall Cash Position:
- Despite the increase in operating cash flow, the company experienced a net decrease in cash and cash equivalents, totaling INR 4.64 lakhs.
- The closing balance of cash and cash equivalents at the end of 2023 was INR 4.56 lakhs, down from INR 9.20 lakhs at the beginning of the year.
